Western Wealth Management LLC Has $297,000 Position in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Western Wealth Management LLC reduced its holdings in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 29.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,087 shares of the company’s stock after selling 1,740 shares during the period. Western Wealth Management LLC owned 0.05% of Invesco Dorsey Wright Technology Momentum ETF worth $297,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC acquired a new stake in Invesco Dorsey Wright Technology Momentum ETF in the 4th quarter valued at $109,000. Jones Financial Companies Lllp grew its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 143.3% in the 4th quarter. Jones Financial Companies Lllp now owns 1,708 shares of the company’s stock valued at $124,000 after acquiring an additional 1,006 shares during the period. OneDigital Investment Advisors LLC bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF in the 4th quarter valued at about $203,000. Journey Strategic Wealth LLC bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF in the 4th quarter valued at about $218,000. Finally, Berger Financial Group Inc bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF in the 4th quarter valued at about $219,000.

Invesco Dorsey Wright Technology Momentum ETF Price Performance

Shares of PTF opened at $63.17 on Friday. The firm has a 50-day moving average of $59.29 and a 200-day moving average of $67.29. Invesco Dorsey Wright Technology Momentum ETF has a one year low of $49.57 and a one year high of $80.92. The company has a market cap of $382.18 million, a PE ratio of 37.20 and a beta of 1.23.

Invesco Dorsey Wright Technology Momentum ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.1491 dividend. The ex-dividend date 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.