Northwestern Mutual Wealth Management Co. Sells 1,446 Shares of Invesco Dynamic Pharmaceuticals ETF (NYSEARCA:PJP)

Northwestern Mutual Wealth Management Co. decreased its holdings in shares of Invesco Dynamic Pharmaceuticals ETF (NYSEARCA:PJP) by 11.2% during the second quarter, HoldingsChannel reports. The institutional investor owned 11,488 shares of the company’s stock after selling 1,446 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco Dynamic Pharmaceuticals ETF were worth $924,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC purchased a new stake in shares of Invesco Dynamic Pharmaceuticals ETF in the first quarter valued at approximately $72,000. Advisory Services Network LLC acquired a new position in shares of Invesco Dynamic Pharmaceuticals ETF in the 2nd quarter valued at $105,000. Bank of Montreal Can grew its position in Invesco Dynamic Pharmaceuticals ETF by 57.9% during the 2nd quarter. Bank of Montreal Can now owns 2,331 shares of the company’s stock worth $191,000 after purchasing an additional 855 shares during the period. JPMorgan Chase & Co. grew its position in Invesco Dynamic Pharmaceuticals ETF by 181.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,733 shares of the company’s stock worth $220,000 after purchasing an additional 1,761 shares during the period. Finally, J.W. Cole Advisors Inc. grew its position in Invesco Dynamic Pharmaceuticals ETF by 6.9% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 3,159 shares of the company’s stock worth $254,000 after purchasing an additional 205 shares during the period.

Shares of Invesco Dynamic Pharmaceuticals ETF stock opened at $77.19 on Thursday. Invesco Dynamic Pharmaceuticals ETF has a twelve month low of $61.43 and a twelve month high of $83.23. The firm’s 50-day moving average price is $80.01 and its 200 day moving average price is $79.84.

Invesco Dynamic Pharmaceuticals ETF Profile

PowerShares Dynamic Pharmaceuticals Portfolio (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Pharmaceuticals Intellidex Index (the Index). The Index evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.

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Institutional Ownership by Quarter for Invesco Dynamic Pharmaceuticals ETF (NYSEARCA:PJP)

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