Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $138.00 and last traded at $138.00, with a volume of 6896 shares changing hands. The stock had previously closed at $129.75.
Invesco Dorsey Wright Technology Momentum ETF Trading Down 3.5%
The stock’s fifty day moving average is $117.00 and its 200 day moving average is $96.19. The company has a market capitalization of $693.26 million, a P/E ratio of 32.05 and a beta of 1.67.
Institutional Investors Weigh In On Invesco Dorsey Wright Technology Momentum ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC increased its position in Invesco Dorsey Wright Technology Momentum ETF by 108.1% during the 1st quarter. Jane Street Group LLC now owns 24,668 shares of the company’s stock valued at $1,454,000 after purchasing an additional 329,668 shares during the period. Ameriprise Financial Inc. increased its position in Invesco Dorsey Wright Technology Momentum ETF by 107.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 212,785 shares of the company’s stock valued at $14,602,000 after purchasing an additional 110,228 shares during the period. Paller Financial Services Inc purchased a new position in Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter valued at $5,948,000. IMC Chicago LLC increased its position in Invesco Dorsey Wright Technology Momentum ETF by 259.9% during the 4th quarter. IMC Chicago LLC now owns 21,104 shares of the company’s stock valued at $1,614,000 after purchasing an additional 34,299 shares during the period. Finally, Private Advisor Group LLC increased its position in Invesco Dorsey Wright Technology Momentum ETF by 317.5% during the 3rd quarter. Private Advisor Group LLC now owns 35,281 shares of the company’s stock valued at $2,640,000 after purchasing an additional 26,830 shares during the period.
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.
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