AE Wealth Management LLC Takes Position in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

AE Wealth Management LLC acquired a new stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 671 shares of the company’s stock, valued at approximately $40,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. MorganRosel Wealth Management LLC acquired a new stake in Invesco Dorsey Wright Technology Momentum ETF in the 1st quarter valued at $44,000. Aptus Capital Advisors LLC acquired a new stake in Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter worth $109,000. Private Trust Co. NA boosted its stake in Invesco Dorsey Wright Technology Momentum ETF by 19.6% during the 1st quarter. Private Trust Co. NA now owns 3,412 shares of the company’s stock worth $201,000 after purchasing an additional 558 shares during the last quarter. OneDigital Investment Advisors LLC acquired a new stake in Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter worth $203,000. Finally, Berger Financial Group Inc acquired a new stake in Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter worth $219,000.

Invesco Dorsey Wright Technology Momentum ETF Stock Down 2.8%

Shares of PTF opened at $68.25 on Friday. Invesco Dorsey Wright Technology Momentum ETF has a 52-week low of $49.57 and a 52-week high of $80.92. The firm’s fifty day moving average is $67.03 and its two-hundred day moving average is $64.80. The stock has a market cap of $371.28 million, a PE ratio of 32.05 and a beta of 1.23.

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.