Bellevue Asset Management LLC Trims Position in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Bellevue Asset Management LLC lessened its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 15.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,103 shares of the company’s stock after selling 375 shares during the quarter. Bellevue Asset Management LLC’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $153,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Jones Financial Companies Lllp grew its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 143.3% during the fourth 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 in the last quarter. Journey Strategic Wealth LLC bought a new position in Invesco Dorsey Wright Technology Momentum ETF in the fourth quarter worth about $218,000. Evergreen Advisors LLC bought a new position in Invesco Dorsey Wright Technology Momentum ETF in the fourth quarter worth about $229,000. Legacy Capital Group California Inc. bought a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF during the fourth quarter valued at approximately $236,000. Finally, DMC Group LLC bought a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF during the fourth quarter valued at approximately $250,000.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

Shares of PTF stock opened at $63.48 on Thursday. The business’s fifty day moving average is $71.39 and its 200-day moving average is $69.02. The stock has a market cap of $498.95 million, a PE ratio of 39.10 and a beta of 1.23. Invesco Dorsey Wright Technology Momentum ETF has a 1 year low of $50.05 and a 1 year high of $80.92.

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.