Evergreen Advisors LLC Invests $229,000 in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Evergreen Advisors LLC purchased a new position in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,150 shares of the company’s stock, valued at approximately $229,000. Invesco Dorsey Wright Technology Momentum ETF makes up about 0.1% of Evergreen Advisors LLC’s holdings, making the stock its 18th biggest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Private Advisor Group LLC grew its holdings in Invesco Dorsey Wright Technology Momentum ETF by 5.4% in the third quarter. Private Advisor Group LLC now owns 14,866 shares of the company’s stock valued at $943,000 after purchasing an additional 766 shares during the period. Valley Wealth Managers Inc. grew its holdings in Invesco Dorsey Wright Technology Momentum ETF by 60.6% in the third quarter. Valley Wealth Managers Inc. now owns 47,887 shares of the company’s stock valued at $3,037,000 after purchasing an additional 18,074 shares during the period. Theory Financial LLC grew its holdings in Invesco Dorsey Wright Technology Momentum ETF by 22.3% in the third quarter. Theory Financial LLC now owns 99,014 shares of the company’s stock valued at $6,361,000 after purchasing an additional 18,063 shares during the period. KKM Financial LLC grew its holdings in 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 valued at $370,000 after purchasing an additional 228 shares during the period. Finally, StoneX Group Inc. grew its holdings in Invesco Dorsey Wright Technology Momentum ETF by 5.6% in the third quarter. StoneX Group Inc. now owns 33,883 shares of the company’s stock valued at $2,149,000 after purchasing an additional 1,808 shares during the period.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

Invesco Dorsey Wright Technology Momentum ETF stock opened at $65.74 on Friday. Invesco Dorsey Wright Technology Momentum ETF has a 1 year low of $50.05 and a 1 year high of $80.92. The firm has a 50 day moving average price of $72.09 and a 200 day moving average price of $68.81. The company has a market cap of $516.72 million, a price-to-earnings ratio of 39.10 and a beta of 1.23.

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.