Advisory Services Network LLC Grows Stock Position in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Advisory Services Network LLC raised its stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 34.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,286 shares of the company’s stock after purchasing an additional 2,390 shares during the period. Advisory Services Network LLC’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in PTF. Wells Fargo & Company MN lifted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 3.8% during the 4th quarter. Wells Fargo & Company MN now owns 132,604 shares of the company’s stock worth $9,622,000 after buying an additional 4,832 shares during the last quarter. Transamerica Financial Advisors Inc. raised its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 4.0% during the 4th quarter. Transamerica Financial Advisors Inc. now owns 248,394 shares of the company’s stock worth $18,024,000 after acquiring an additional 9,625 shares in the last quarter. LPL Financial LLC lifted its stake in Invesco Dorsey Wright Technology Momentum ETF by 8.7% during the fourth quarter. LPL Financial LLC now owns 627,147 shares of the company’s stock worth $45,506,000 after purchasing an additional 50,452 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Invesco Dorsey Wright Technology Momentum ETF in the fourth quarter valued at approximately $21,749,000. Finally, Jones Financial Companies Lllp increased its stake in Invesco Dorsey Wright Technology Momentum ETF by 143.3% in the fourth quarter. Jones Financial Companies Lllp now owns 1,708 shares of the company’s stock valued at $124,000 after purchasing an additional 1,006 shares during the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Trading Up 0.6 %

Shares of NASDAQ:PTF opened at $56.31 on Wednesday. Invesco Dorsey Wright Technology Momentum ETF has a twelve month low of $49.57 and a twelve month high of $80.92. The company has a market capitalization of $349.69 million, a PE ratio of 34.70 and a beta of 1.43. The firm has a 50 day simple moving average of $62.66 and a 200-day simple moving average of $68.28.

Invesco Dorsey Wright Technology Momentum ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.1491 dividend. The ex-dividend date of this dividend was Monday, March 24th.

About Invesco Dorsey Wright Technology Momentum ETF

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.