Invesco Dorsey Wright Technology Momentum ETF $PTF is Paller Financial Services Inc’s Largest Position

Paller Financial Services Inc cut its stake in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 11.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 66,271 shares of the company’s stock after selling 8,297 shares during the quarter. Invesco Dorsey Wright Technology Momentum ETF accounts for approximately 6.8% of Paller Financial Services Inc’s holdings, making the stock its biggest position. Paller Financial Services Inc’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $9,033,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Invesco Dorsey Wright Technology Momentum ETF in the 4th quarter valued at $57,000. Qube Research & Technologies Ltd lifted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 5,685.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,157 shares of the company’s stock worth $79,000 after acquiring an additional 1,137 shares during the period. Centaurus Financial Inc. lifted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 22.6% in the 1st quarter. Centaurus Financial Inc. now owns 1,630 shares of the company’s stock worth $141,000 after acquiring an additional 300 shares during the period. Sankala Group LLC purchased a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF in the fourth quarter valued at about $144,000. Finally, Jones Financial Companies Lllp boosted its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 29.0% in the first quarter. Jones Financial Companies Lllp now owns 2,203 shares of the company’s stock valued at $130,000 after acquiring an additional 495 shares in the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Stock Down 2.6%

Shares of Invesco Dorsey Wright Technology Momentum ETF stock opened at $105.38 on Thursday. Invesco Dorsey Wright Technology Momentum ETF has a 52-week low of $64.29 and a 52-week high of $139.65. The company’s 50-day simple moving average is $118.10 and its 200-day simple moving average is $105.02. The firm has a market cap of $638.60 million, a price-to-earnings ratio of 32.05 and a beta of 1.68.

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.