Invesco Dorsey Wright Technology Momentum ETF $PTF Shares Sold by SPC Financial Inc.

SPC Financial Inc. trimmed its position in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 7.6% in the second quarter, HoldingsChannel reports. The firm owned 14,631 shares of the company’s stock after selling 1,196 shares during the period. SPC Financial Inc.’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $999,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PTF. MinichMacGregor Wealth Management LLC boosted its stake in Invesco Dorsey Wright Technology Momentum ETF by 7.3% during the 1st quarter. MinichMacGregor Wealth Management LLC now owns 5,982 shares of the company’s stock valued at $353,000 after purchasing an additional 407 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 59.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 95,925 shares of the company’s stock worth $5,656,000 after acquiring an additional 35,730 shares during the period. Golden State Wealth Management LLC lifted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 104.3% in the 1st quarter. Golden State Wealth Management LLC now owns 46,563 shares of the company’s stock worth $2,746,000 after acquiring an additional 23,773 shares during the period. Western Financial Corp CA lifted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 7.0% in the 1st quarter. Western Financial Corp CA now owns 6,206 shares of the company’s stock worth $366,000 after acquiring an additional 404 shares during the period. Finally, Guerra Advisors Inc lifted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 11.9% in the 1st quarter. Guerra Advisors Inc now owns 41,822 shares of the company’s stock worth $2,466,000 after acquiring an additional 4,437 shares during the period.

Invesco Dorsey Wright Technology Momentum ETF Trading Down 5.7%

Shares of NASDAQ:PTF opened at $76.28 on Friday. The company has a 50 day moving average of $71.63 and a 200-day moving average of $66.10. The firm has a market cap of $393.60 million, a P/E ratio of 32.05 and a beta of 1.23. Invesco Dorsey Wright Technology Momentum ETF has a twelve month low of $49.57 and a twelve month high of $81.76.

Invesco Dorsey Wright Technology Momentum ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were paid a $0.0083 dividend. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Monday, September 22nd.

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.