Truist Financial Corp Purchases 3,649 Shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Truist Financial Corp lifted its position in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 7.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 49,631 shares of the company’s stock after purchasing an additional 3,649 shares during the quarter. Truist Financial Corp’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $2,507,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of PTF. Commonwealth Equity Services LLC grew its position in Invesco Dorsey Wright Technology Momentum ETF by 208.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 7,172 shares of the company’s stock worth $317,000 after acquiring an additional 4,844 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 263.2% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 26,360 shares of the company’s stock worth $1,164,000 after buying an additional 19,103 shares during the period. Raymond James & Associates raised its holdings in Invesco Dorsey Wright Technology Momentum ETF by 529.9% during the 3rd quarter. Raymond James & Associates now owns 100,442 shares of the company’s stock valued at $4,437,000 after buying an additional 84,496 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in Invesco Dorsey Wright Technology Momentum ETF by 463.7% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 56,832 shares of the company’s stock valued at $2,510,000 after buying an additional 46,750 shares during the period. Finally, Stratos Wealth Partners LTD. grew its holdings in Invesco Dorsey Wright Technology Momentum ETF by 221.3% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 9,881 shares of the company’s stock worth $436,000 after acquiring an additional 6,806 shares during the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Trading Down 0.2 %

PTF stock opened at $56.37 on Thursday. The firm’s 50-day moving average price is $55.82 and its two-hundred day moving average price is $51.31. The stock has a market capitalization of $392.90 million, a price-to-earnings ratio of 11.51 and a beta of 1.23. Invesco Dorsey Wright Technology Momentum ETF has a 12-month low of $39.98 and a 12-month high of $59.11.

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.