Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF – Get Free Report) shares saw an uptick in trading volume on Wednesday . 242,885 shares traded hands during mid-day trading, an increase of 172% from the previous session’s volume of 89,341 shares.The stock last traded at $87.22 and had previously closed at $91.20.
Invesco Dorsey Wright Technology Momentum ETF Stock Performance
The stock has a market cap of $523.05 million, a price-to-earnings ratio of 32.05 and a beta of 1.65. The company’s 50 day simple moving average is $121.11 and its 200 day simple moving average is $104.30.
Hedge Funds Weigh In On Invesco Dorsey Wright Technology Momentum ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in PTF. Migdal Insurance & Financial Holdings Ltd. bought a new position in Invesco Dorsey Wright Technology Momentum ETF during the fourth quarter valued at about $57,000. Qube Research & Technologies Ltd raised its position in Invesco Dorsey Wright Technology Momentum ETF by 5,685.0% in the second quarter. Qube Research & Technologies Ltd now owns 1,157 shares of the company’s stock worth $79,000 after acquiring an additional 1,137 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 29.0% in the 1st quarter. Jones Financial Companies Lllp now owns 2,203 shares of the company’s stock valued at $130,000 after acquiring an additional 495 shares during the last quarter. Centaurus Financial Inc. lifted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 22.6% in the 1st quarter. Centaurus Financial Inc. now owns 1,630 shares of the company’s stock valued at $141,000 after acquiring an additional 300 shares during the last quarter. Finally, Sankala Group LLC bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter valued at about $144,000.
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.
Read More
- Five stocks we like better than Invesco Dorsey Wright Technology Momentum ETF
- Meta’s AI Spending Problem Just Found a BlackRock Solution
- Broadcom’s $200 Billion Samsung Deal Shows How Costly the AI Memory Race Has Become
- 3 Refiners Benefiting From Oil Volatility and Tight Fuel Supply
- Carrier Earnings Could Send the Stock to a New All-Time High
Receive News & Ratings for Invesco Dorsey Wright Technology Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Dorsey Wright Technology Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
