Invesco Dorsey Wright Technology Momentum ETF $PTF Shares Sold by UBS Group AG

UBS Group AG lowered its stake in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 42.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 43,105 shares of the company’s stock after selling 32,084 shares during the period. UBS Group AG’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $3,297,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in Invesco Dorsey Wright Technology Momentum ETF by 245.6% in the third quarter. JPMorgan Chase & Co. now owns 9,133 shares of the company’s stock valued at $683,000 after purchasing an additional 6,490 shares during the period. Paller Financial Services Inc purchased a new stake in Invesco Dorsey Wright Technology Momentum ETF in the fourth quarter valued at $5,948,000. Wealth Enhancement Advisory Services LLC purchased a new stake in Invesco Dorsey Wright Technology Momentum ETF in the third quarter valued at $982,000. Genesee Capital Advisors LLC raised its position in Invesco Dorsey Wright Technology Momentum ETF by 85.4% in the fourth quarter. Genesee Capital Advisors LLC now owns 14,974 shares of the company’s stock valued at $1,145,000 after purchasing an additional 6,897 shares during the period. Finally, Darwin Wealth Management LLC raised its position in Invesco Dorsey Wright Technology Momentum ETF by 5.2% in the fourth quarter. Darwin Wealth Management LLC now owns 9,468 shares of the company’s stock valued at $724,000 after purchasing an additional 468 shares during the period.

Invesco Dorsey Wright Technology Momentum ETF Price Performance

NASDAQ:PTF opened at $123.39 on Monday. Invesco Dorsey Wright Technology Momentum ETF has a 52 week low of $62.14 and a 52 week high of $126.65. The company has a market capitalization of $651.50 million, a P/E ratio of 32.05 and a beta of 1.64. The stock’s fifty day moving average is $103.62 and its two-hundred day moving average is $89.86.

Invesco Dorsey Wright Technology Momentum ETF Company 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.