Envestnet Asset Management Inc. Has $947,000 Holdings in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Envestnet Asset Management Inc. decreased its stake in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 57.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 13,057 shares of the company’s stock after selling 17,459 shares during the period. Envestnet Asset Management Inc. owned 0.17% of Invesco Dorsey Wright Technology Momentum ETF worth $947,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Jane Street Group LLC acquired a new position in Invesco Dorsey Wright Technology Momentum ETF during the third quarter valued at approximately $259,000. Janney Montgomery Scott LLC boosted its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 0.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 109,764 shares of the company’s stock worth $7,964,000 after buying an additional 393 shares during the period. Geneos Wealth Management Inc. grew its stake in Invesco Dorsey Wright Technology Momentum ETF by 20.4% in the 4th quarter. Geneos Wealth Management Inc. now owns 4,541 shares of the company’s stock valued at $329,000 after buying an additional 769 shares during the last quarter. DMC Group LLC bought a new position in Invesco Dorsey Wright Technology Momentum ETF in the 4th quarter worth $250,000. Finally, Journey Strategic Wealth LLC bought a new position in Invesco Dorsey Wright Technology Momentum ETF in the 4th quarter worth $218,000.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

Shares of NASDAQ:PTF opened at $59.40 on Friday. The stock’s 50-day moving average is $58.96 and its 200-day moving average is $67.60. The company has a market cap of $359.37 million, a P/E ratio of 34.70 and a beta of 1.23. Invesco Dorsey Wright Technology Momentum ETF has a 52-week low of $49.57 and a 52-week high of $80.92.

Invesco Dorsey Wright Technology Momentum ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.1491 dividend. The ex-dividend date was Monday, March 24th.

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.