Invesco Dorsey Wright Technology Momentum ETF $PTF Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC reduced its stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 17.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 89,994 shares of the company’s stock after selling 19,547 shares during the quarter. Janney Montgomery Scott LLC owned 1.61% of Invesco Dorsey Wright Technology Momentum ETF worth $6,146,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of PTF. MAI Capital Management lifted its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 336.3% during the first quarter. MAI Capital Management now owns 541 shares of the company’s stock worth $32,000 after purchasing an additional 417 shares during the period. AE Wealth Management LLC acquired a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the first quarter worth about $40,000. MorganRosel Wealth Management LLC acquired a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the first quarter worth about $44,000. SVB Wealth LLC purchased a new position in Invesco Dorsey Wright Technology Momentum ETF during the first quarter worth about $57,000. Finally, Jones Financial Companies Lllp lifted its position in Invesco Dorsey Wright Technology Momentum ETF by 29.0% in the first quarter. Jones Financial Companies Lllp now owns 2,203 shares of the company’s stock valued at $130,000 after purchasing an additional 495 shares during the period.

Invesco Dorsey Wright Technology Momentum ETF Trading Up 2.2%

Shares of PTF opened at $80.44 on Tuesday. The stock’s 50 day moving average is $70.86 and its two-hundred day moving average is $65.69. Invesco Dorsey Wright Technology Momentum ETF has a twelve month low of $49.57 and a twelve month high of $80.97. The firm has a market capitalization of $538.14 million, a PE ratio of 32.05 and a beta of 1.23.

Invesco Dorsey Wright Technology Momentum ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were issued a dividend of $0.0083 per share. This represents a $0.03 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend was Monday, September 22nd.

Invesco Dorsey Wright Technology Momentum ETF 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.