Wealthcare Advisory Partners LLC Makes New Investment in Invesco Dorsey Wright Healthcare Momentum ETF $PTH

Wealthcare Advisory Partners LLC bought a new stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) during the 4th quarter, Holdings Channel reports. The fund bought 13,150 shares of the company’s stock, valued at approximately $654,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Steigerwald Gordon & Koch Inc. purchased a new position in Invesco Dorsey Wright Healthcare Momentum ETF during the 3rd quarter valued at $86,000. Jones Financial Companies Lllp boosted its position in Invesco Dorsey Wright Healthcare Momentum ETF by 8.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 3,484 shares of the company’s stock valued at $149,000 after acquiring an additional 261 shares in the last quarter. Focus Partners Wealth purchased a new position in shares of Invesco Dorsey Wright Healthcare Momentum ETF during the 3rd quarter worth approximately $287,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 23.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,920 shares of the company’s stock worth $391,000 after acquiring an additional 1,500 shares during the period. Finally, PFG Advisors raised its position in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 8.2% in the 3rd quarter. PFG Advisors now owns 10,492 shares of the company’s stock worth $462,000 after acquiring an additional 791 shares in the last quarter.

Invesco Dorsey Wright Healthcare Momentum ETF Stock Up 5.5%

PTH opened at $49.00 on Wednesday. The stock has a market cap of $122.99 million, a PE ratio of 35.21 and a beta of 0.86. The business has a 50 day moving average of $48.53 and a 200-day moving average of $48.36. Invesco Dorsey Wright Healthcare Momentum ETF has a 52 week low of $33.56 and a 52 week high of $54.47.

Invesco Dorsey Wright Healthcare Momentum ETF Profile

PowerShares Dynamic Healthcare Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Healthcare Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors. Securities shown to possess the greatest capital appreciation potential are selected by the Index.The Fund invests only in health care sector.