Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) Shares Up 5.6% – What’s Next?

Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) traded up 5.6% during trading on Tuesday . The company traded as high as $108.22 and last traded at $109.07. 2,037 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 97,499 shares. The stock had previously closed at $103.24.

Invesco Dorsey Wright Technology Momentum ETF Stock Up 0.4%

The stock has a market cap of $610.13 million, a P/E ratio of 32.05 and a beta of 1.67. The stock has a fifty day simple moving average of $102.40 and a 200-day simple moving average of $108.31.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of PTF. TD Waterhouse Canada Inc. bought a new stake in Invesco Dorsey Wright Technology Momentum ETF in the second quarter valued at approximately $41,000. Centaurus Financial Inc. boosted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 22.6% during the first quarter. Centaurus Financial Inc. now owns 1,630 shares of the company’s stock worth $141,000 after purchasing an additional 300 shares in the last quarter. Sankala Group LLC acquired a new position in shares of Invesco Dorsey Wright Technology Momentum ETF in the 4th quarter valued at $144,000. NWF Advisory Services Inc. bought a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF in the 2nd quarter valued at $296,000. Finally, D.A. Davidson & CO. bought a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF in the 1st quarter valued at $202,000.

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.