LPL Financial LLC Has $45.51 Million Stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

LPL Financial LLC increased its position in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 8.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 627,147 shares of the company’s stock after purchasing an additional 50,452 shares during the quarter. LPL Financial LLC owned about 0.08% of Invesco Dorsey Wright Technology Momentum ETF worth $45,506,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in PTF. Stifel Financial Corp increased its position in Invesco Dorsey Wright Technology Momentum ETF by 8.2% during the 3rd quarter. Stifel Financial Corp now owns 63,388 shares of the company’s stock worth $4,021,000 after buying an additional 4,791 shares during the period. Jane Street Group LLC bought a new position in Invesco Dorsey Wright Technology Momentum ETF during the third quarter worth about $259,000. Janney Montgomery Scott LLC increased its position in Invesco Dorsey Wright Technology Momentum ETF by 0.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 109,764 shares of the company’s stock worth $7,964,000 after acquiring an additional 393 shares during the period. Geneos Wealth Management Inc. raised its stake in Invesco Dorsey Wright Technology Momentum ETF by 20.4% in the 4th quarter. Geneos Wealth Management Inc. now owns 4,541 shares of the company’s stock worth $329,000 after purchasing an additional 769 shares in the last quarter. Finally, DMC Group LLC bought a new stake in Invesco Dorsey Wright Technology Momentum ETF in the 4th quarter valued at about $250,000.

Invesco Dorsey Wright Technology Momentum ETF Trading Down 2.3 %

Shares of PTF opened at $61.31 on Friday. The stock has a market capitalization of $481.90 million, a PE ratio of 38.14 and a beta of 1.23. The firm’s 50 day moving average is $67.68 and its 200-day moving average is $68.84. Invesco Dorsey Wright Technology Momentum ETF has a 12 month low of $50.05 and a 12 month high of $80.92.

Invesco Dorsey Wright Technology Momentum ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a $0.1491 dividend. The ex-dividend date is Monday, March 24th.

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.