MML Investors Services LLC Has $11.31 Million Position in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

MML Investors Services LLC increased its stake in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 49.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 155,898 shares of the company’s stock after buying an additional 51,361 shares during the quarter. MML Investors Services LLC’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $11,312,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF during the fourth quarter valued at about $21,749,000. Advisory Services Network LLC raised its holdings in Invesco Dorsey Wright Technology Momentum ETF by 34.7% in the 4th quarter. Advisory Services Network LLC now owns 9,286 shares of the company’s stock valued at $674,000 after buying an additional 2,390 shares during the last quarter. Wells Fargo & Company MN boosted its position in Invesco Dorsey Wright Technology Momentum ETF by 3.8% during the 4th quarter. Wells Fargo & Company MN now owns 132,604 shares of the company’s stock worth $9,622,000 after buying an additional 4,832 shares during the period. Transamerica Financial Advisors Inc. grew its holdings in Invesco Dorsey Wright Technology Momentum ETF by 4.0% during the 4th quarter. Transamerica Financial Advisors Inc. now owns 248,394 shares of the company’s stock worth $18,024,000 after acquiring an additional 9,625 shares during the last quarter. Finally, LPL Financial LLC increased its position in Invesco Dorsey Wright Technology Momentum ETF by 8.7% in the 4th quarter. LPL Financial LLC now owns 627,147 shares of the company’s stock valued at $45,506,000 after acquiring an additional 50,452 shares during the period.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

Shares of NASDAQ:PTF opened at $54.21 on Wednesday. Invesco Dorsey Wright Technology Momentum ETF has a 52 week low of $49.57 and a 52 week high of $80.92. The firm has a market cap of $336.10 million, a PE ratio of 34.70 and a beta of 1.23. The firm’s fifty day moving average is $60.78 and its 200-day moving average is $67.98.

Invesco Dorsey Wright Technology Momentum ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.1491 per share. The ex-dividend date was Monday, March 24th.

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.