Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) Sets New 52-Week High – Here’s What Happened

Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $127.81 and last traded at $127.55, with a volume of 10537 shares changing hands. The stock had previously closed at $123.39.

Invesco Dorsey Wright Technology Momentum ETF Stock Down 0.5%

The company has a market cap of $683.50 million, a PE ratio of 32.05 and a beta of 1.64. The business’s 50 day moving average price is $106.01 and its 200-day moving average price is $90.89.

Institutional Trading of Invesco Dorsey Wright Technology Momentum ETF

A number of hedge funds have recently made changes to their positions in PTF. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF during the fourth quarter valued at approximately $57,000. Qube Research & Technologies Ltd raised its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 5,685.0% during the second quarter. Qube Research & Technologies Ltd now owns 1,157 shares of the company’s stock valued at $79,000 after purchasing an additional 1,137 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 29.0% during the first quarter. Jones Financial Companies Lllp now owns 2,203 shares of the company’s stock valued at $130,000 after purchasing an additional 495 shares during the period. Centaurus Financial Inc. raised its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 22.6% during the first quarter. Centaurus Financial Inc. now owns 1,630 shares of the company’s stock valued at $141,000 after purchasing an additional 300 shares during the period. Finally, Sankala Group LLC purchased a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF during the fourth quarter valued at approximately $144,000.

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.