Legacy Capital Group California Inc. acquired a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF – Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 3,255 shares of the company’s stock, valued at approximately $236,000.
Other institutional investors have also added to or reduced their stakes in the company. Concurrent Investment Advisors LLC bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter valued at about $456,000. Atria Wealth Solutions Inc. lifted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 57.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 14,753 shares of the company’s stock worth $1,070,000 after buying an additional 5,408 shares in the last quarter. Scarborough Advisors LLC bought a new position in Invesco Dorsey Wright Technology Momentum ETF during the fourth quarter valued at approximately $5,022,000. Golden State Wealth Management LLC bought a new position in Invesco Dorsey Wright Technology Momentum ETF during the fourth quarter valued at approximately $1,654,000. Finally, Journey Strategic Wealth LLC purchased a new position in Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter valued at approximately $218,000.
Invesco Dorsey Wright Technology Momentum ETF Price Performance
Shares of PTF opened at $68.38 on Friday. The stock has a market capitalization of $537.47 million, a price-to-earnings ratio of 39.10 and a beta of 1.31. Invesco Dorsey Wright Technology Momentum ETF has a 1 year low of $50.05 and a 1 year high of $80.92. The business’s 50 day simple moving average is $72.84 and its 200-day simple moving average is $68.54.
Invesco Dorsey Wright Technology Momentum ETF 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.
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