MML Investors Services LLC Has $319,000 Position in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH)

MML Investors Services LLC lessened its position in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) by 5.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,858 shares of the company’s stock after selling 395 shares during the period. MML Investors Services LLC owned approximately 0.22% of Invesco Dorsey Wright Healthcare Momentum ETF worth $319,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of PTH. Asset Allocation Strategies LLC raised its stake in Invesco Dorsey Wright Healthcare Momentum ETF by 11.4% during the 2nd quarter. Asset Allocation Strategies LLC now owns 6,597 shares of the company’s stock worth $284,000 after buying an additional 675 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 1.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 44,433 shares of the company’s stock worth $1,909,000 after acquiring an additional 504 shares in the last quarter. IHT Wealth Management LLC raised its position in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 61.7% during the third quarter. IHT Wealth Management LLC now owns 93,419 shares of the company’s stock worth $4,329,000 after purchasing an additional 35,650 shares during the period. Finally, Jaffetilchin Investment Partners LLC bought a new position in shares of Invesco Dorsey Wright Healthcare Momentum ETF during the 3rd quarter valued at about $911,000.

Invesco Dorsey Wright Healthcare Momentum ETF Stock Performance

NASDAQ PTH opened at $40.89 on Wednesday. The stock has a market cap of $129.21 million, a price-to-earnings ratio of 9.66 and a beta of 0.85. The business has a 50 day simple moving average of $44.69 and a 200 day simple moving average of $44.88. Invesco Dorsey Wright Healthcare Momentum ETF has a 52-week low of $37.94 and a 52-week high of $48.63.

About Invesco Dorsey Wright Healthcare Momentum ETF

PowerShares Dynamic Healthcare Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Healthcare Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors.