StoneX Group Inc. Trims Holdings in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

StoneX Group Inc. lowered its position in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 0.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 33,687 shares of the company’s stock after selling 196 shares during the period. StoneX Group Inc.’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $2,444,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 143.3% during the 4th 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 in the last quarter. Journey Strategic Wealth LLC acquired a new stake in Invesco Dorsey Wright Technology Momentum ETF during the fourth quarter valued at $218,000. Evergreen Advisors LLC purchased a new position in Invesco Dorsey Wright Technology Momentum ETF in the fourth quarter valued at $229,000. Legacy Capital Group California Inc. acquired a new position in shares of Invesco Dorsey Wright Technology Momentum ETF in the fourth quarter worth about $236,000. Finally, DMC Group LLC purchased a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter worth about $250,000.

Invesco Dorsey Wright Technology Momentum ETF Stock Up 0.8 %

NASDAQ:PTF opened at $59.46 on Wednesday. Invesco Dorsey Wright Technology Momentum ETF has a 52 week low of $50.05 and a 52 week high of $80.92. The stock’s 50-day moving average price is $66.93 and its 200-day moving average price is $68.98. The stock has a market capitalization of $467.36 million, a PE ratio of 38.14 and a beta of 1.23.

Invesco Dorsey Wright Technology Momentum ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.1491 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.