Genesee Capital Advisors LLC Grows Stake in Invesco Dorsey Wright Technology Momentum ETF $PTF

Genesee Capital Advisors LLC raised its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 85.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,974 shares of the company’s stock after purchasing an additional 6,897 shares during the period. Genesee Capital Advisors LLC owned 0.31% of Invesco Dorsey Wright Technology Momentum ETF worth $1,145,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in PTF. Osaic Holdings Inc. grew its stake in Invesco Dorsey Wright Technology Momentum ETF by 11.7% during the 2nd quarter. Osaic Holdings Inc. now owns 69,872 shares of the company’s stock worth $4,772,000 after buying an additional 7,328 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in Invesco Dorsey Wright Technology Momentum ETF in the third quarter valued at about $982,000. Paller Financial Services Inc purchased a new position in shares of Invesco Dorsey Wright Technology Momentum ETF in the 4th quarter valued at approximately $5,948,000. Theory Financial LLC raised its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 30.9% in the third quarter. Theory Financial LLC now owns 60,914 shares of the company’s stock worth $4,812,000 after buying an additional 14,390 shares during the last quarter. Finally, Orion Porfolio Solutions LLC raised its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 9.1% in the third quarter. Orion Porfolio Solutions LLC now owns 3,853 shares of the company’s stock worth $288,000 after buying an additional 322 shares during the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Trading Up 2.6%

NASDAQ:PTF opened at $91.76 on Friday. The company has a market capitalization of $434.02 million, a P/E ratio of 32.05 and a beta of 1.49. Invesco Dorsey Wright Technology Momentum ETF has a 12 month low of $49.57 and a 12 month high of $96.34. The firm has a fifty day simple moving average of $89.00 and a 200-day simple moving average of $82.03.

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.