Hennion & Walsh Asset Management Inc. Has $532,000 Position in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Hennion & Walsh Asset Management Inc. lowered its stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 7.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,330 shares of the company’s stock after selling 565 shares during the period. Hennion & Walsh Asset Management Inc. owned 0.09% of Invesco Dorsey Wright Technology Momentum ETF worth $532,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Jane Street Group LLC acquired a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF in the third quarter valued at approximately $259,000. Stifel Financial Corp boosted its stake in Invesco Dorsey Wright Technology Momentum ETF by 8.2% in the third quarter. Stifel Financial Corp now owns 63,388 shares of the company’s stock valued at $4,021,000 after acquiring an additional 4,791 shares during the last quarter. StoneX Group Inc. boosted its stake in Invesco Dorsey Wright Technology Momentum ETF by 5.6% in the third quarter. StoneX Group Inc. now owns 33,883 shares of the company’s stock valued at $2,149,000 after acquiring an additional 1,808 shares during the last quarter. KKM Financial LLC boosted its stake in Invesco Dorsey Wright Technology Momentum ETF by 4.1% in the third quarter. KKM Financial LLC now owns 5,830 shares of the company’s stock valued at $370,000 after acquiring an additional 228 shares during the last quarter. Finally, Theory Financial LLC boosted its stake in Invesco Dorsey Wright Technology Momentum ETF by 22.3% in the third quarter. Theory Financial LLC now owns 99,014 shares of the company’s stock valued at $6,361,000 after acquiring an additional 18,063 shares during the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

Shares of PTF stock opened at $70.77 on Tuesday. The firm’s 50 day moving average price is $74.03 and its two-hundred day moving average price is $66.63. The stock has a market cap of $559.79 million, a PE ratio of 12.47 and a beta of 1.23. Invesco Dorsey Wright Technology Momentum ETF has a 52-week low of $48.54 and a 52-week high of $80.92.

Invesco Dorsey Wright Technology Momentum ETF 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.