SFI Advisors LLC Cuts Stake in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH)

SFI Advisors LLC lowered its position in shares of Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) by 10.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 77,592 shares of the company’s stock after selling 8,778 shares during the quarter. Invesco Dorsey Wright Healthcare Momentum ETF accounts for 2.6% of SFI Advisors LLC’s investment portfolio, making the stock its 15th largest holding. SFI Advisors LLC’s holdings in Invesco Dorsey Wright Healthcare Momentum ETF were worth $3,037,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Valmark Advisers Inc. raised its position in Invesco Dorsey Wright Healthcare Momentum ETF by 274.5% during the 3rd quarter. Valmark Advisers Inc. now owns 6,386 shares of the company’s stock worth $214,000 after buying an additional 4,681 shares during the last quarter. Sunbelt Securities Inc. increased its holdings in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 391.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 12,836 shares of the company’s stock valued at $431,000 after purchasing an additional 10,223 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 157.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 22,847 shares of the company’s stock valued at $767,000 after purchasing an additional 13,959 shares in the last quarter. Glenmede Trust Co. NA increased its holdings in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 200.0% in the 3rd quarter. Glenmede Trust Co. NA now owns 5,541 shares of the company’s stock valued at $186,000 after purchasing an additional 3,694 shares in the last quarter. Finally, Raymond James & Associates increased its holdings in Invesco Dorsey Wright Healthcare Momentum ETF by 162.7% during the 3rd quarter. Raymond James & Associates now owns 6,134 shares of the company’s stock valued at $206,000 after acquiring an additional 3,799 shares in the last quarter.

Invesco Dorsey Wright Healthcare Momentum ETF Stock Performance

NASDAQ:PTH traded up $0.08 during mid-day trading on Tuesday, hitting $41.23. 23,316 shares of the company’s stock traded hands, compared to its average volume of 24,199. The firm’s 50 day simple moving average is $43.72 and its 200 day simple moving average is $38.23. Invesco Dorsey Wright Healthcare Momentum ETF has a 1 year low of $29.08 and a 1 year high of $47.22. The company has a market cap of $141.42 million, a PE ratio of 9.70 and a beta of 0.85.

Invesco Dorsey Wright Healthcare Momentum ETF Company 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.