Outlook Wealth Advisors LLC Cuts Holdings in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Outlook Wealth Advisors LLC lowered its holdings in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 5.5% in the 4th quarter, Holdings Channel reports. The firm owned 20,837 shares of the company’s stock after selling 1,224 shares during the period. Outlook Wealth Advisors LLC’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $1,512,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jane Street Group LLC bought a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF in the third quarter worth $259,000. Envestnet Asset Management Inc. boosted its position in Invesco Dorsey Wright Technology Momentum ETF by 179.6% in the second quarter. Envestnet Asset Management Inc. now owns 55,863 shares of the company’s stock worth $3,460,000 after purchasing an additional 35,882 shares during the last quarter. StoneX Group Inc. grew its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 5.6% during the 3rd quarter. StoneX Group Inc. now owns 33,883 shares of the company’s stock valued at $2,149,000 after purchasing an additional 1,808 shares during the period. SPC Financial Inc. increased its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 1.9% during the 2nd quarter. SPC Financial Inc. now owns 16,376 shares of the company’s stock valued at $1,014,000 after purchasing an additional 308 shares during the last quarter. Finally, Silver Oak Securities Incorporated lifted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 60.7% in the 3rd quarter. Silver Oak Securities Incorporated now owns 36,441 shares of the company’s stock worth $2,316,000 after purchasing an additional 13,761 shares during the period.

Invesco Dorsey Wright Technology Momentum ETF Trading Up 5.6 %

Shares of NASDAQ PTF opened at $70.97 on Thursday. Invesco Dorsey Wright Technology Momentum ETF has a 12-month low of $47.43 and a 12-month high of $80.92. The firm has a market capitalization of $561.37 million, a price-to-earnings ratio of 12.47 and a beta of 1.23. The firm has a 50 day moving average of $74.19 and a 200 day moving average of $66.44.

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.