Unique Wealth Strategies LLC Buys Shares of 61,629 Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Unique Wealth Strategies LLC acquired a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 61,629 shares of the company’s stock, valued at approximately $3,113,000. Invesco Dorsey Wright Technology Momentum ETF accounts for approximately 2.1% of Unique Wealth Strategies LLC’s investment portfolio, making the stock its 12th biggest holding. Unique Wealth Strategies LLC owned 0.88% of Invesco Dorsey Wright Technology Momentum ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CWM LLC grew its position in Invesco Dorsey Wright Technology Momentum ETF by 849.0% during the third quarter. CWM LLC now owns 987 shares of the company’s stock worth $44,000 after buying an additional 883 shares in the last quarter. Commonwealth Equity Services LLC grew its position in Invesco Dorsey Wright Technology Momentum ETF by 208.1% during the third quarter. Commonwealth Equity Services LLC now owns 7,172 shares of the company’s stock worth $317,000 after buying an additional 4,844 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in Invesco Dorsey Wright Technology Momentum ETF by 263.2% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 26,360 shares of the company’s stock worth $1,164,000 after buying an additional 19,103 shares in the last quarter. Mission Wealth Management LP grew its position in Invesco Dorsey Wright Technology Momentum ETF by 200.0% during the third quarter. Mission Wealth Management LP now owns 24,300 shares of the company’s stock worth $1,073,000 after buying an additional 16,200 shares in the last quarter. Finally, Raymond James & Associates grew its position in Invesco Dorsey Wright Technology Momentum ETF by 529.9% during the third quarter. Raymond James & Associates now owns 100,442 shares of the company’s stock worth $4,437,000 after buying an additional 84,496 shares in the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

Invesco Dorsey Wright Technology Momentum ETF stock traded up $1.06 during midday trading on Friday, hitting $55.03. 10,493 shares of the company’s stock were exchanged, compared to its average volume of 28,049. Invesco Dorsey Wright Technology Momentum ETF has a 52-week low of $39.23 and a 52-week high of $59.11. The stock has a 50-day moving average price of $55.58 and a two-hundred day moving average price of $50.62. The company has a market cap of $383.56 million, a P/E ratio of 11.51 and a beta of 1.85.

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.