Wells Fargo & Company MN Sells 3,465 Shares of Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH)

Wells Fargo & Company MN lessened its holdings in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) by 12.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,497 shares of the company’s stock after selling 3,465 shares during the quarter. Wells Fargo & Company MN owned about 0.86% of Invesco Dorsey Wright Healthcare Momentum ETF worth $1,021,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Commonwealth Equity Services LLC increased its holdings in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 19.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 20,919 shares of the company’s stock valued at $838,000 after acquiring an additional 3,439 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Invesco Dorsey Wright Healthcare Momentum ETF in the fourth quarter worth about $700,000. Jones Financial Companies Lllp lifted its stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 105.1% in the fourth quarter. Jones Financial Companies Lllp now owns 1,200 shares of the company’s stock worth $48,000 after buying an additional 615 shares in the last quarter. Finally, Global Retirement Partners LLC grew its holdings in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 366.3% during the fourth quarter. Global Retirement Partners LLC now owns 1,287 shares of the company’s stock valued at $52,000 after buying an additional 1,011 shares during the last quarter.

Invesco Dorsey Wright Healthcare Momentum ETF Stock Up 1.3 %

Shares of PTH opened at $39.64 on Wednesday. The company has a market capitalization of $107.41 million, a P/E ratio of 31.13 and a beta of 0.85. Invesco Dorsey Wright Healthcare Momentum ETF has a twelve month low of $33.56 and a twelve month high of $48.63. The firm has a 50 day moving average of $38.79 and a 200 day moving average of $41.91.

Invesco Dorsey Wright Healthcare Momentum ETF Profile

PowerShares Dynamic Healthcare Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Healthcare Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors.