SPC Financial Inc. Decreases Stock Holdings in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

SPC Financial Inc. lessened its stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 3.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,769 shares of the company’s stock after selling 607 shares during the quarter. SPC Financial Inc. owned about 0.22% of Invesco Dorsey Wright Technology Momentum ETF worth $1,000,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Reik & CO. LLC purchased a new position in Invesco Dorsey Wright Technology Momentum ETF during the first quarter worth about $207,000. Centaurus Financial Inc. grew its position in Invesco Dorsey Wright Technology Momentum ETF by 27.2% in the second quarter. Centaurus Financial Inc. now owns 5,150 shares of the company’s stock worth $319,000 after acquiring an additional 1,100 shares during the period. Private Advisory Group LLC purchased a new stake in Invesco Dorsey Wright Technology Momentum ETF in the second quarter valued at $348,000. Cooper Financial Group lifted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 5.3% in the 1st quarter. Cooper Financial Group now owns 7,385 shares of the company’s stock valued at $424,000 after purchasing an additional 370 shares during the last quarter. Finally, Cetera Advisors LLC grew its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 25.2% during the 1st quarter. Cetera Advisors LLC now owns 8,688 shares of the company’s stock worth $498,000 after purchasing an additional 1,750 shares during the period.

Invesco Dorsey Wright Technology Momentum ETF Trading Up 0.4 %

Shares of NASDAQ:PTF opened at $66.42 on Thursday. The business has a 50-day moving average price of $61.86 and a 200 day moving average price of $59.78. Invesco Dorsey Wright Technology Momentum ETF has a 12-month low of $40.17 and a 12-month high of $67.23. The company has a market capitalization of $476.23 million, a price-to-earnings ratio of 12.47 and a beta of 1.23.

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.