Western Wealth Management LLC Invests $388,000 in Invesco Dorsey Wright Technology Momentum ETF $PTF

Western Wealth Management LLC acquired a new stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) during the first quarter, according to its most recent filing with the SEC. The firm acquired 4,496 shares of the company’s stock, valued at approximately $388,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC increased its stake in Invesco Dorsey Wright Technology Momentum ETF by 108.1% in the 1st quarter. Jane Street Group LLC now owns 24,668 shares of the company’s stock valued at $1,454,000 after buying an additional 329,668 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of 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 acquiring an additional 110,228 shares during the period. IMC Chicago LLC lifted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 259.9% in the 4th quarter. IMC Chicago LLC now owns 21,104 shares of the company’s stock worth $1,614,000 after acquiring an additional 34,299 shares during the period. Private Advisor Group LLC boosted its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 317.5% in the third quarter. Private Advisor Group LLC now owns 35,281 shares of the company’s stock valued at $2,640,000 after acquiring an additional 26,830 shares in the last quarter. Finally, Bleakley Financial Group LLC purchased a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF in the first quarter valued at about $1,526,000.

Invesco Dorsey Wright Technology Momentum ETF Stock Up 2.4%

Shares of Invesco Dorsey Wright Technology Momentum ETF stock opened at $113.73 on Friday. Invesco Dorsey Wright Technology Momentum ETF has a 52-week low of $64.29 and a 52-week high of $139.65. The company’s 50-day simple moving average is $115.03 and its 200-day simple moving average is $106.08. The firm has a market cap of $689.20 million, a price-to-earnings ratio of 32.05 and a beta of 1.68.

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.