Cetera Investment Advisers Has $580,000 Stock Position in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH)

Cetera Investment Advisers raised its holdings in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) by 84.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,691 shares of the company’s stock after buying an additional 6,722 shares during the quarter. Cetera Investment Advisers owned 0.54% of Invesco Dorsey Wright Healthcare Momentum ETF worth $580,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PTH. BNP Paribas bought a new stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF in the fourth quarter valued at about $84,000. Focus Partners Wealth bought a new stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF in the fourth quarter valued at about $200,000. Advisory Services Network LLC bought a new stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF in the fourth quarter valued at about $220,000. Prosperity Consulting Group LLC lifted its stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 23.0% in the fourth quarter. Prosperity Consulting Group LLC now owns 7,393 shares of the company’s stock valued at $296,000 after buying an additional 1,384 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 100.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,840 shares of the company’s stock valued at $507,000 after buying an additional 6,420 shares during the period.

Invesco Dorsey Wright Healthcare Momentum ETF Stock Down 0.4%

Shares of PTH opened at $39.05 on Friday. The stock has a market cap of $95.28 million, a price-to-earnings ratio of 35.21 and a beta of 0.85. Invesco Dorsey Wright Healthcare Momentum ETF has a 12 month low of $33.56 and a 12 month high of $48.63. The company has a 50-day moving average price of $38.25 and a two-hundred day moving average price of $38.93.

Invesco Dorsey Wright Healthcare Momentum ETF Company 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.