Invesco Dorsey Wright Technology Momentum ETF $PTF Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC trimmed its position in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 11.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 81,687 shares of the company’s stock after selling 11,055 shares during the period. Merit Financial Group LLC owned approximately 1.48% of Invesco Dorsey Wright Technology Momentum ETF worth $5,578,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Jane Street Group LLC grew its position in Invesco Dorsey Wright Technology Momentum ETF by 108.1% during the first quarter. Jane Street Group LLC now owns 24,668 shares of the company’s stock valued at $1,454,000 after acquiring an additional 329,668 shares during the period. Silver Oak Securities Incorporated acquired a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the second quarter worth about $2,743,000. Cambridge Investment Research Advisors Inc. boosted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 59.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 95,925 shares of the company’s stock worth $5,656,000 after acquiring an additional 35,730 shares during the period. IMC Chicago LLC purchased a new position in shares of Invesco Dorsey Wright Technology Momentum ETF in the first quarter valued at $2,000,000. Finally, Farther Finance Advisors LLC purchased a new position in Invesco Dorsey Wright Technology Momentum ETF in the 1st quarter valued at about $1,949,000.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

Shares of NASDAQ PTF opened at $80.44 on Tuesday. Invesco Dorsey Wright Technology Momentum ETF has a 1 year low of $49.57 and a 1 year high of $80.97. The stock’s 50-day simple moving average is $70.86 and its 200-day simple moving average is $65.69. The firm has a market cap of $538.14 million, a price-to-earnings ratio of 32.05 and a beta of 1.23.

Invesco Dorsey Wright Technology Momentum ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.0083 per share. The ex-dividend date was Monday, September 22nd. This represents a $0.03 annualized dividend and a yield of 0.0%.

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.