SignalPoint Asset Management LLC Decreases Position in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

SignalPoint Asset Management LLC lowered its stake in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,882 shares of the company’s stock after selling 241 shares during the period. SignalPoint Asset Management LLC owned 0.42% of Invesco Dorsey Wright Technology Momentum ETF worth $2,386,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Jane Street Group LLC bought a new position in Invesco Dorsey Wright Technology Momentum ETF in the 3rd quarter worth approximately $259,000. Centaurus Financial Inc. boosted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 27.2% in the 2nd quarter. Centaurus Financial Inc. now owns 5,150 shares of the company’s stock worth $319,000 after buying an additional 1,100 shares during the period. KKM Financial LLC boosted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 4.1% in the 3rd quarter. KKM Financial LLC now owns 5,830 shares of the company’s stock worth $370,000 after buying an additional 228 shares during the period. Private Advisor Group LLC boosted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 5.4% in the 3rd quarter. Private Advisor Group LLC now owns 14,866 shares of the company’s stock worth $943,000 after buying an additional 766 shares during the period. Finally, SPC Financial Inc. boosted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 1.9% in the 2nd quarter. SPC Financial Inc. now owns 16,376 shares of the company’s stock worth $1,014,000 after buying an additional 308 shares during the period.

Invesco Dorsey Wright Technology Momentum ETF Trading Up 5.6 %

PTF opened at $70.97 on Thursday. The company has a 50 day moving average of $74.19 and a 200 day moving average of $66.44. The company has a market cap of $561.37 million, a PE ratio of 12.47 and a beta of 1.23. Invesco Dorsey Wright Technology Momentum ETF has a 12 month low of $47.43 and a 12 month high of $80.92.

About Invesco Dorsey Wright Technology Momentum ETF

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.