Outlook Wealth Advisors LLC Makes New $1.40 Million Investment in Invesco Dorsey Wright Healthcare Momentum ETF $PTH

Outlook Wealth Advisors LLC acquired a new stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 23,086 shares of the company’s stock, valued at approximately $1,403,000.

Other institutional investors have also added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC purchased a new stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF in the 3rd quarter worth about $7,477,000. WealthBridge Capital Management LLC increased its position in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 37.4% during the third quarter. WealthBridge Capital Management LLC now owns 50,787 shares of the company’s stock valued at $3,086,000 after buying an additional 13,831 shares during the period. MinichMacGregor Wealth Management LLC purchased a new position in shares of Invesco Dorsey Wright Healthcare Momentum ETF during the third quarter valued at about $310,000. Sound Income Strategies LLC bought a new position in Invesco Dorsey Wright Healthcare Momentum ETF in the third quarter worth about $247,000. Finally, Wealthcare Advisory Partners LLC bought a new position in Invesco Dorsey Wright Healthcare Momentum ETF in the second quarter worth about $217,000.

Invesco Dorsey Wright Healthcare Momentum ETF Price Performance

Shares of PTH opened at $59.78 on Friday. Invesco Dorsey Wright Healthcare Momentum ETF has a one year low of $46.09 and a one year high of $64.10. The company has a 50-day simple moving average of $60.42 and a two-hundred day simple moving average of $54.58. The firm has a market capitalization of $291.73 million, a PE ratio of 35.21 and a beta of 0.81.

About Invesco Dorsey Wright Healthcare Momentum ETF

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.