Stifel Financial Corp Trims Position in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH)

Stifel Financial Corp trimmed its stake in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) by 2.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,191 shares of the company’s stock after selling 247 shares during the period. Stifel Financial Corp’s holdings in Invesco Dorsey Wright Healthcare Momentum ETF were worth $520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in PTH. Asset Allocation Strategies LLC raised its stake in shares of 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 acquiring an additional 675 shares in the last quarter. Jaffetilchin Investment Partners LLC bought a new position in Invesco Dorsey Wright Healthcare Momentum ETF in the third quarter worth approximately $911,000. Cambridge Investment Research Advisors Inc. increased its holdings in Invesco Dorsey Wright Healthcare Momentum ETF by 1.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 44,433 shares of the company’s stock worth $1,909,000 after purchasing an additional 504 shares during the period. Finally, IHT Wealth Management LLC raised its holdings in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 61.7% in the third 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 in the last quarter.

Invesco Dorsey Wright Healthcare Momentum ETF Price Performance

Shares of Invesco Dorsey Wright Healthcare Momentum ETF stock opened at $41.26 on Friday. The firm’s 50-day moving average is $44.56 and its two-hundred day moving average is $44.85. Invesco Dorsey Wright Healthcare Momentum ETF has a 1 year low of $37.94 and a 1 year high of $48.63. The stock has a market cap of $130.38 million, a price-to-earnings 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.