Steward Partners Investment Advisory LLC Lowers Holdings in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Steward Partners Investment Advisory LLC trimmed its holdings in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTFFree Report) by 12.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 10,272 shares of the company’s stock after selling 1,500 shares during the period. Steward Partners Investment Advisory LLC owned approximately 0.15% of Invesco Dorsey Wright Technology Momentum ETF worth $519,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Theory Financial LLC grew its position 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 worth $3,474,000 after acquiring an additional 50,314 shares during the period. Silver Oak Securities Incorporated boosted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 163.0% during the third quarter. Silver Oak Securities Incorporated now owns 15,279 shares of the company’s stock worth $675,000 after buying an additional 9,470 shares during the period. Scotia Capital Inc. boosted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 209.1% during the third quarter. Scotia Capital Inc. now owns 9,745 shares of the company’s stock worth $430,000 after buying an additional 6,592 shares during the period. Glenmede Trust Co. NA boosted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 200.0% during the third quarter. Glenmede Trust Co. NA now owns 11,724 shares of the company’s stock worth $518,000 after buying an additional 7,816 shares during the period. Finally, LPL Financial LLC boosted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 233.3% during the third 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 during the period.

Invesco Dorsey Wright Technology Momentum ETF Stock Down 0.9 %

PTF opened at $58.77 on Friday. The firm has a market cap of $409.63 million, a P/E ratio of 12.47 and a beta of 1.23. The business has a fifty day simple moving average of $56.71 and a 200-day simple moving average of $53.47. Invesco Dorsey Wright Technology Momentum ETF has a 52 week low of $40.17 and a 52 week high of $60.83.

About Invesco Dorsey Wright Technology Momentum ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

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