Northwestern Mutual Wealth Management Co. Sells 1,812 Shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Northwestern Mutual Wealth Management Co. lessened its stake in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 7.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,692 shares of the company’s stock after selling 1,812 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.34% of Invesco Dorsey Wright Technology Momentum ETF worth $1,467,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cooper Financial Group increased its holdings in Invesco Dorsey Wright Technology Momentum ETF by 5.3% in the 1st quarter. Cooper Financial Group now owns 7,385 shares of the company’s stock valued at $424,000 after buying an additional 370 shares during the period. IMC Chicago LLC acquired a new position in Invesco Dorsey Wright Technology Momentum ETF in the first quarter valued at approximately $607,000. Cambridge Investment Research Advisors Inc. lifted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 13.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 39,075 shares of the company’s stock valued at $2,242,000 after acquiring an additional 4,566 shares during the period. Reik & CO. LLC bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the 1st quarter worth about $207,000. Finally, StoneX Group Inc. grew its stake in Invesco Dorsey Wright Technology Momentum ETF by 1.1% in the first quarter. StoneX Group Inc. now owns 32,181 shares of the company’s stock valued at $1,847,000 after acquiring an additional 336 shares during the period.

Invesco Dorsey Wright Technology Momentum ETF Price Performance

NASDAQ:PTF opened at $64.17 on Friday. The company has a market cap of $456.89 million, a PE ratio of 12.47 and a beta of 1.23. Invesco Dorsey Wright Technology Momentum ETF has a one year low of $40.17 and a one year high of $65.85. The firm has a 50-day moving average of $60.57 and a 200-day moving average of $59.38.

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.