22,790 Shares in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) Acquired by Golden State Wealth Management LLC

Golden State Wealth Management LLC purchased a new stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 22,790 shares of the company’s stock, valued at approximately $1,654,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Journey Strategic Wealth LLC acquired a new stake in Invesco Dorsey Wright Technology Momentum ETF in the 4th quarter valued at approximately $218,000. DMC Group LLC bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter worth approximately $250,000. Jane Street Group LLC acquired a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF in the third quarter valued at approximately $259,000. Geneos Wealth Management Inc. lifted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 20.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 4,541 shares of the company’s stock worth $329,000 after purchasing an additional 769 shares in the last quarter. Finally, KKM Financial LLC lifted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 4.1% in the third quarter. KKM Financial LLC now owns 5,830 shares of the company’s stock worth $370,000 after purchasing an additional 228 shares in the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

PTF opened at $75.33 on Friday. The business’s 50-day simple moving average is $73.92 and its 200 day simple moving average is $67.45. The firm has a market capitalization of $592.09 million, a PE ratio of 12.47 and a beta of 1.23. Invesco Dorsey Wright Technology Momentum ETF has a 52-week low of $50.05 and a 52-week high of $80.92.

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.