Hennion & Walsh Asset Management Inc. Sells 165 Shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Hennion & Walsh Asset Management Inc. cut its position in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 2.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 7,895 shares of the company’s stock after selling 165 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $502,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PTF. Raymond James & Associates raised its stake in Invesco Dorsey Wright Technology Momentum ETF by 58.1% in the third quarter. Raymond James & Associates now owns 132,298 shares of the company’s stock valued at $8,392,000 after buying an additional 48,643 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in Invesco Dorsey Wright Technology Momentum ETF by 49.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 58,352 shares of the company’s stock valued at $3,614,000 after acquiring an additional 19,277 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 179.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 55,863 shares of the company’s stock valued at $3,460,000 after purchasing an additional 35,882 shares during the last quarter. Genesee Capital Advisors LLC boosted its position in Invesco Dorsey Wright Technology Momentum ETF by 9.7% during the second quarter. Genesee Capital Advisors LLC now owns 40,024 shares of the company’s stock worth $2,479,000 after purchasing an additional 3,537 shares during the period. Finally, StoneX Group Inc. increased its holdings in shares of 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 purchasing an additional 336 shares during the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Price Performance

Shares of PTF opened at $66.13 on Tuesday. The company’s 50-day moving average is $63.07 and its 200-day moving average is $60.35. The firm has a market capitalization of $475.47 million, a PE ratio of 12.47 and a beta of 1.23. Invesco Dorsey Wright Technology Momentum ETF has a fifty-two week low of $40.17 and a fifty-two week high of $67.23.

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.