SVB Wealth LLC Buys New Shares in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

SVB Wealth LLC bought a new stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,146 shares of the company’s stock, valued at approximately $209,000.

Other institutional investors have also recently bought and sold shares of the company. Theory Financial LLC grew its holdings in Invesco Dorsey Wright Technology Momentum ETF by 177.6% in the third quarter. Theory Financial LLC now owns 78,647 shares of the company’s stock valued at $3,474,000 after purchasing an additional 50,314 shares during the period. Silver Oak Securities Incorporated grew its holdings in Invesco Dorsey Wright Technology Momentum ETF by 163.0% in the third quarter. Silver Oak Securities Incorporated now owns 15,279 shares of the company’s stock valued at $675,000 after purchasing an additional 9,470 shares during the period. Scotia Capital Inc. grew its holdings in Invesco Dorsey Wright Technology Momentum ETF by 209.1% in the third quarter. Scotia Capital Inc. now owns 9,745 shares of the company’s stock valued at $430,000 after purchasing an additional 6,592 shares during the period. Glenmede Trust Co. NA grew its holdings in Invesco Dorsey Wright Technology Momentum ETF by 200.0% in the third quarter. Glenmede Trust Co. NA now owns 11,724 shares of the company’s stock valued at $518,000 after purchasing an additional 7,816 shares during the period. Finally, LPL Financial LLC grew its holdings in Invesco Dorsey Wright Technology Momentum ETF by 233.3% in the third quarter. LPL Financial LLC now owns 476,416 shares of the company’s stock valued at $21,043,000 after purchasing an additional 333,470 shares during the period.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

Invesco Dorsey Wright Technology Momentum ETF stock opened at $53.39 on Wednesday. Invesco Dorsey Wright Technology Momentum ETF has a 1 year low of $39.23 and a 1 year high of $59.11. The firm has a 50 day moving average price of $55.62 and a 200 day moving average price of $50.44. The company has a market cap of $372.13 million, a price-to-earnings ratio of 11.99 and a beta of 1.23.

Invesco Dorsey Wright Technology Momentum ETF 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.