Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) Shares Acquired by SPC Financial Inc.

SPC Financial Inc. raised its holdings in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 1.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 16,376 shares of the company’s stock after acquiring an additional 308 shares during the period. SPC Financial Inc.’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $1,014,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of PTF. Envestnet Asset Management Inc. boosted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 179.6% in the second quarter. Envestnet Asset Management Inc. now owns 55,863 shares of the company’s stock worth $3,460,000 after acquiring an additional 35,882 shares during the last quarter. Valley Wealth Managers Inc. purchased a new position in Invesco Dorsey Wright Technology Momentum ETF during the second quarter worth approximately $1,847,000. Outlook Wealth Advisors LLC purchased a new position in Invesco Dorsey Wright Technology Momentum ETF during the second quarter worth approximately $1,294,000. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 49.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 58,352 shares of the company’s stock valued at $3,614,000 after purchasing an additional 19,277 shares during the last quarter. Finally, IMC Chicago LLC purchased a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF during the 1st quarter valued at $607,000.

Invesco Dorsey Wright Technology Momentum ETF Stock Down 0.2 %

PTF stock opened at $63.43 on Tuesday. The company has a market cap of $447.18 million, a price-to-earnings ratio of 12.47 and a beta of 1.23. The business has a fifty day simple moving average of $60.28 and a 200-day simple moving average of $59.18. Invesco Dorsey Wright Technology Momentum ETF has a 52 week low of $40.17 and a 52 week high of $65.85.

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.