Private Advisor Group LLC Sells 26,679 Shares of Invesco Dorsey Wright Technology Momentum ETF $PTF

Private Advisor Group LLC lessened its stake in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 76.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 8,351 shares of the company’s stock after selling 26,679 shares during the period. Private Advisor Group LLC’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $721,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of PTF. Ameriprise Financial Inc. increased its stake in Invesco Dorsey Wright Technology Momentum ETF by 107.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 212,785 shares of the company’s stock worth $14,602,000 after buying an additional 110,228 shares in the last quarter. Paller Financial Services Inc purchased a new position in shares of Invesco Dorsey Wright Technology Momentum ETF in the fourth quarter valued at about $5,948,000. StoneX Group Inc. lifted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 2.7% in the fourth quarter. StoneX Group Inc. now owns 38,700 shares of the company’s stock valued at $2,960,000 after acquiring an additional 1,034 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 108.1% in the first quarter. Jane Street Group LLC now owns 24,668 shares of the company’s stock worth $1,454,000 after acquiring an additional 329,668 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 3.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 21,742 shares of the company’s stock worth $1,663,000 after acquiring an additional 639 shares during the period.

Invesco Dorsey Wright Technology Momentum ETF Price Performance

PTF stock opened at $108.81 on Thursday. Invesco Dorsey Wright Technology Momentum ETF has a 1-year low of $64.29 and a 1-year high of $139.65. The business has a 50 day simple moving average of $124.19 and a two-hundred day simple moving average of $102.77. The company has a market capitalization of $707.26 million, a price-to-earnings ratio of 32.05 and a beta of 1.65.

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.