Stifel Financial Corp Sells 247 Shares of Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH)

Stifel Financial Corp cut its holdings in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) by 2.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,191 shares of the company’s stock after selling 247 shares during the period. Stifel Financial Corp owned 0.35% of Invesco Dorsey Wright Healthcare Momentum ETF worth $520,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. IHT Wealth Management LLC boosted its position in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 61.7% during the 3rd quarter. IHT Wealth Management LLC now owns 93,419 shares of the company’s stock valued at $4,329,000 after acquiring an additional 35,650 shares during the last quarter. Jaffetilchin Investment Partners LLC purchased a new stake in Invesco Dorsey Wright Healthcare Momentum ETF during the third quarter valued at $911,000. Asset Allocation Strategies LLC lifted its position in Invesco Dorsey Wright Healthcare Momentum ETF by 11.4% during the second quarter. Asset Allocation Strategies LLC now owns 6,597 shares of the company’s stock valued at $284,000 after purchasing an additional 675 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 1.1% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 44,433 shares of the company’s stock worth $1,909,000 after buying an additional 504 shares in the last quarter.

Invesco Dorsey Wright Healthcare Momentum ETF Price Performance

Shares of NASDAQ PTH opened at $41.26 on Friday. Invesco Dorsey Wright Healthcare Momentum ETF has a 1-year low of $37.94 and a 1-year high of $48.63. The business’s 50 day moving average is $44.56 and its two-hundred day moving average is $44.85. The stock has a market capitalization of $130.38 million, a P/E ratio of 9.66 and a beta of 0.85.

Invesco Dorsey Wright Healthcare Momentum ETF Profile

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.