Private Advisor Group LLC Trims Holdings in Invesco Dorsey Wright Technology Momentum ETF $PTF

Private Advisor Group LLC lessened its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 76.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,351 shares of the company’s stock after selling 26,679 shares during the quarter. Private Advisor Group LLC owned approximately 0.16% of Invesco Dorsey Wright Technology Momentum ETF worth $721,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PTF. Integrated Wealth Concepts LLC raised its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 74.1% in the 1st quarter. Integrated Wealth Concepts LLC now owns 7,050 shares of the company’s stock worth $416,000 after acquiring an additional 3,000 shares in the last quarter. Jones Financial Companies Lllp boosted its position 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 in the last quarter. Jane Street Group LLC grew its stake in Invesco Dorsey Wright Technology Momentum ETF by 108.1% in the first quarter. Jane Street Group LLC now owns 24,668 shares of the company’s stock worth $1,454,000 after purchasing an additional 329,668 shares during the period. Qube Research & Technologies Ltd grew its stake in Invesco Dorsey Wright Technology Momentum ETF by 5,685.0% in the second quarter. Qube Research & Technologies Ltd now owns 1,157 shares of the company’s stock worth $79,000 after purchasing an additional 1,137 shares during the period. Finally, Darwin Wealth Management LLC bought a new position in Invesco Dorsey Wright Technology Momentum ETF in the second quarter worth $615,000.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

Shares of NASDAQ PTF opened at $108.81 on Thursday. The company has a 50 day simple moving average of $124.19 and a two-hundred day simple moving average of $102.77. Invesco Dorsey Wright Technology Momentum ETF has a fifty-two week low of $64.29 and a fifty-two week high of $139.65. The company has a market capitalization of $707.26 million, a price-to-earnings ratio of 32.05 and a beta of 1.65.

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.