Wealthcare Advisory Partners LLC Trims Stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Wealthcare Advisory Partners LLC lessened its position in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 33.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,033 shares of the company’s stock after selling 8,540 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $860,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 2,867.3% during the third quarter. HighTower Advisors LLC now owns 523,367 shares of the company’s stock worth $23,109,000 after acquiring an additional 505,729 shares during the period. LPL Financial LLC boosted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 233.3% in the 3rd quarter. LPL Financial LLC now owns 476,416 shares of the company’s stock worth $21,043,000 after buying an additional 333,470 shares in the last quarter. Merit Financial Group LLC lifted its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 6.0% in the fourth quarter. Merit Financial Group LLC now owns 151,213 shares of the company’s stock valued at $7,638,000 after purchasing an additional 8,559 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 201.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 150,856 shares of the company’s stock valued at $6,663,000 after purchasing an additional 100,754 shares in the last quarter. Finally, UBS Group AG boosted its position in Invesco Dorsey Wright Technology Momentum ETF by 436.2% during the third quarter. UBS Group AG now owns 117,152 shares of the company’s stock worth $5,175,000 after acquiring an additional 95,304 shares during the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Trading Down 0.7 %

Shares of Invesco Dorsey Wright Technology Momentum ETF stock traded down $0.42 during trading hours on Wednesday, reaching $56.07. 659 shares of the company’s stock were exchanged, compared to its average volume of 27,086. The firm has a market capitalization of $390.81 million, a price-to-earnings ratio of 11.51 and a beta of 1.23. Invesco Dorsey Wright Technology Momentum ETF has a 52-week low of $39.98 and a 52-week high of $59.11. The company has a fifty day moving average of $55.79 and a 200-day moving average of $51.27.

Invesco Dorsey Wright Technology Momentum ETF Company Profile

PowerShares Dynamic Technology Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Technology Sector Intellidex Index (the Index). The Index consists of stocks of the United States technology companies. These are companies that are principally engaged in the business of providing technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies.