Invesco Dorsey Wright Healthcare Momentum ETF $PTH Stock Position Increased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its position in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) by 12,990.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 47,124 shares of the company’s stock after buying an additional 46,764 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Invesco Dorsey Wright Healthcare Momentum ETF were worth $2,342,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wealthcare Advisory Partners LLC bought a new stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF in the 4th quarter worth $654,000. Oppenheimer & Co. Inc. bought a new stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF in the 4th quarter worth $737,000. PFG Advisors raised its stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 8.2% in the 3rd quarter. PFG Advisors now owns 10,492 shares of the company’s stock worth $462,000 after buying an additional 791 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 8.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,484 shares of the company’s stock worth $149,000 after buying an additional 261 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 2.1% in the 3rd quarter. Bank of America Corp DE now owns 103,654 shares of the company’s stock worth $4,569,000 after buying an additional 2,152 shares in the last quarter.

Invesco Dorsey Wright Healthcare Momentum ETF Stock Performance

PTH opened at $51.48 on Wednesday. Invesco Dorsey Wright Healthcare Momentum ETF has a one year low of $36.16 and a one year high of $54.47. The stock’s fifty day moving average is $50.44 and its 200-day moving average is $50.14. The company has a market capitalization of $123.55 million, a PE ratio of 35.21 and a beta of 0.85.

Invesco Dorsey Wright Healthcare Momentum ETF 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. Securities shown to possess the greatest capital appreciation potential are selected by the Index.The Fund invests only in health care sector.