MGO One Seven LLC Sells 2,680 Shares of Invesco Dorsey Wright Technology Momentum ETF $PTF

MGO One Seven LLC reduced its position in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 40.3% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 3,965 shares of the company’s stock after selling 2,680 shares during the period. MGO One Seven LLC’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $271,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Red Tortoise LLC bought a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF in the second quarter valued at about $27,000. MAI Capital Management raised its holdings in Invesco Dorsey Wright Technology Momentum ETF by 336.3% in the first quarter. MAI Capital Management now owns 541 shares of the company’s stock worth $32,000 after purchasing an additional 417 shares in the last quarter. AE Wealth Management LLC bought a new position in Invesco Dorsey Wright Technology Momentum ETF in the first quarter worth about $40,000. MorganRosel Wealth Management LLC bought a new position in Invesco Dorsey Wright Technology Momentum ETF in the first quarter worth about $44,000. Finally, SVB Wealth LLC bought a new position in Invesco Dorsey Wright Technology Momentum ETF in the first quarter worth about $57,000.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

Shares of Invesco Dorsey Wright Technology Momentum ETF stock opened at $77.76 on Monday. The company has a market capitalization of $398.13 million, a PE ratio of 32.05 and a beta of 1.23. The company has a 50-day simple moving average of $72.78 and a two-hundred day simple moving average of $66.88. Invesco Dorsey Wright Technology Momentum ETF has a one year low of $49.57 and a one year high of $82.66.

Invesco Dorsey Wright Technology Momentum ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.0083 per share. The ex-dividend date was Monday, September 22nd. This represents a $0.03 annualized dividend and a dividend yield of 0.0%.

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.