Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) Short Interest Update

Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 17,700 shares, a decline of 75.0% from the February 13th total of 70,700 shares. Based on an average daily trading volume, of 66,700 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On Invesco Dorsey Wright Technology Momentum ETF

A number of large investors have recently made changes to their positions in the business. KKM Financial LLC grew its stake in Invesco Dorsey Wright Technology Momentum ETF by 4.1% during the 3rd quarter. KKM Financial LLC now owns 5,830 shares of the company’s stock worth $370,000 after buying an additional 228 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 0.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 109,764 shares of the company’s stock worth $7,964,000 after acquiring an additional 393 shares in the last quarter. MGO One Seven LLC grew its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 8.3% during the fourth quarter. MGO One Seven LLC now owns 9,838 shares of the company’s stock worth $714,000 after acquiring an additional 758 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 20.4% during the fourth quarter. Geneos Wealth Management Inc. now owns 4,541 shares of the company’s stock valued at $329,000 after acquiring an additional 769 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 143.3% in the 4th quarter. Jones Financial Companies Lllp now owns 1,708 shares of the company’s stock valued at $124,000 after purchasing an additional 1,006 shares during the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Stock Up 3.8 %

NASDAQ PTF opened at $59.87 on Thursday. Invesco Dorsey Wright Technology Momentum ETF has a 52 week low of $50.05 and a 52 week high of $80.92. The company has a 50 day moving average price of $69.70 and a 200 day moving average price of $68.79. The firm has a market cap of $470.58 million, a PE ratio of 35.33 and a beta of 1.23.

Invesco Dorsey Wright Technology Momentum ETF Company 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.