Bank of America Corp DE Reduces Holdings in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Bank of America Corp DE cut its stake in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 3.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 248,083 shares of the company’s stock after selling 8,241 shares during the period. Bank of America Corp DE owned 3.16% of Invesco Dorsey Wright Technology Momentum ETF worth $18,001,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Aptus Capital Advisors LLC bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF in the fourth quarter worth approximately $109,000. Jones Financial Companies Lllp increased its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 143.3% in the 4th quarter. Jones Financial Companies Lllp now owns 1,708 shares of the company’s stock worth $124,000 after buying an additional 1,006 shares during the last quarter. OneDigital Investment Advisors LLC bought a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter worth $203,000. Journey Strategic Wealth LLC purchased a new position in Invesco Dorsey Wright Technology Momentum ETF in the fourth quarter worth $218,000. Finally, Berger Financial Group Inc bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter valued at about $219,000.

Invesco Dorsey Wright Technology Momentum ETF Price Performance

Shares of NASDAQ PTF opened at $64.64 on Wednesday. The stock has a market capitalization of $391.07 million, a P/E ratio of 37.20 and a beta of 1.23. Invesco Dorsey Wright Technology Momentum ETF has a one year low of $49.57 and a one year high of $80.92. The firm’s 50 day simple moving average is $59.20 and its two-hundred day simple moving average is $67.34.

Invesco Dorsey Wright Technology Momentum ETF Announces Dividend

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

About Invesco Dorsey Wright Technology Momentum ETF

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.