13,831 Invesco Dorsey Wright Healthcare Momentum ETF $PTH Shares Acquired by WealthBridge Capital Management LLC

WealthBridge Capital Management LLC boosted its holdings in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) by 37.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 50,787 shares of the company’s stock after purchasing an additional 13,831 shares during the quarter. WealthBridge Capital Management LLC owned about 1.04% of Invesco Dorsey Wright Healthcare Momentum ETF worth $3,086,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Fifth Third Bancorp acquired a new position in Invesco Dorsey Wright Healthcare Momentum ETF during the 1st quarter valued at about $70,000. Sankala Group LLC bought a new stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF in the fourth quarter valued at $77,000. Western Wealth Management LLC bought a new position in Invesco Dorsey Wright Healthcare Momentum ETF during the first quarter worth about $84,000. Wealthcare Advisory Partners LLC purchased a new stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF during the second quarter worth $217,000. Finally, Sound Income Strategies LLC bought a new stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF during the third quarter valued at about $247,000.

Invesco Dorsey Wright Healthcare Momentum ETF Price Performance

NASDAQ:PTH traded down $2.15 during trading hours on Friday, hitting $55.90. The stock had a trading volume of 70,297 shares, compared to its average volume of 29,634. The firm has a market capitalization of $273.35 million, a price-to-earnings ratio of 35.21 and a beta of 0.81. The company has a 50 day simple moving average of $60.73 and a two-hundred day simple moving average of $56.40. Invesco Dorsey Wright Healthcare Momentum ETF has a one year low of $45.45 and a one year high of $64.10.

About Invesco Dorsey Wright Healthcare Momentum ETF

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.