Invesco Dorsey Wright Technology Momentum ETF $PTF Shares Newly Bought by Pathway Financial Advisers LLC

Pathway Financial Advisers LLC acquired a new stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) in the third quarter, Holdings Channel.com reports. The fund acquired 11,665 shares of the company’s stock, valued at approximately $1,270,000.

Several other large investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE increased its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 2.8% during the first quarter. Bank of America Corp DE now owns 182,668 shares of the company’s stock worth $15,769,000 after buying an additional 5,005 shares during the period. Maxi Investments CY Ltd acquired a new stake in Invesco Dorsey Wright Technology Momentum ETF in the third quarter valued at $8,722,000. Paller Financial Services Inc lifted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 3.8% during the 3rd quarter. Paller Financial Services Inc now owns 68,775 shares of the company’s stock valued at $7,489,000 after acquiring an additional 2,504 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 25.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 29,219 shares of the company’s stock worth $3,983,000 after buying an additional 5,953 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in Invesco Dorsey Wright Technology Momentum ETF by 28.3% during the 1st quarter. Royal Bank of Canada now owns 45,210 shares of the company’s stock valued at $3,903,000 after buying an additional 9,962 shares during the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Stock Down 1.2%

PTF stock opened at $96.62 on Thursday. The company has a market cap of $538.17 million, a price-to-earnings ratio of 32.05 and a beta of 1.67. The business has a fifty day simple moving average of $104.03 and a 200-day simple moving average of $104.84. Invesco Dorsey Wright Technology Momentum ETF has a 52 week low of $66.48 and a 52 week high of $139.65.

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.