Invesco Dorsey Wright Technology Momentum ETF $PTF Shares Bought by Theory Financial LLC

Theory Financial LLC raised its position in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 30.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,914 shares of the company’s stock after purchasing an additional 14,390 shares during the period. Invesco Dorsey Wright Technology Momentum ETF accounts for 1.7% of Theory Financial LLC’s investment portfolio, making the stock its 16th largest holding. Theory Financial LLC owned approximately 1.19% of Invesco Dorsey Wright Technology Momentum ETF worth $4,812,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Stratos Wealth Partners LTD. lifted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 1.4% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 10,741 shares of the company’s stock worth $734,000 after buying an additional 150 shares during the last quarter. Osaic Holdings Inc. increased its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 11.7% in the 2nd quarter. Osaic Holdings Inc. now owns 69,872 shares of the company’s stock valued at $4,772,000 after acquiring an additional 7,328 shares during the last quarter. Berger Financial Group Inc acquired a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF during the 2nd quarter worth about $201,000. GHP Investment Advisors Inc. acquired a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF during the 2nd quarter worth about $44,000. Finally, Quadrature Capital Ltd lifted its stake in Invesco Dorsey Wright Technology Momentum ETF by 117.0% during the second quarter. Quadrature Capital Ltd now owns 10,936 shares of the company’s stock worth $747,000 after purchasing an additional 5,896 shares during the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Stock Down 0.1%

Shares of PTF opened at $83.51 on Friday. The company has a market capitalization of $398.34 million, a price-to-earnings ratio of 32.05 and a beta of 1.49. Invesco Dorsey Wright Technology Momentum ETF has a 52-week low of $49.57 and a 52-week high of $85.27. The stock has a 50 day moving average price of $78.04 and a 200 day moving average price of $74.52.

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.