Farther Finance Advisors LLC Acquires New Holdings in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Farther Finance Advisors LLC acquired a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 32,782 shares of the company’s stock, valued at approximately $1,949,000.

Several other hedge funds also recently bought and sold shares of PTF. Scarborough Advisors LLC bought a new stake in Invesco Dorsey Wright Technology Momentum ETF during the fourth quarter valued at approximately $5,022,000. Atria Wealth Solutions Inc. lifted its position in Invesco Dorsey Wright Technology Momentum ETF by 57.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 14,753 shares of the company’s stock valued at $1,070,000 after purchasing an additional 5,408 shares during the last quarter. Concurrent Investment Advisors LLC bought a new stake in Invesco Dorsey Wright Technology Momentum ETF during the fourth quarter valued at approximately $456,000. Legacy Capital Group California Inc. bought a new stake in Invesco Dorsey Wright Technology Momentum ETF during the fourth quarter valued at approximately $236,000. Finally, Sigma Planning Corp bought a new stake in Invesco Dorsey Wright Technology Momentum ETF during the fourth quarter valued at approximately $557,000.

Invesco Dorsey Wright Technology Momentum ETF Price Performance

Shares of Invesco Dorsey Wright Technology Momentum ETF stock opened at $66.47 on Wednesday. Invesco Dorsey Wright Technology Momentum ETF has a 1 year low of $49.57 and a 1 year high of $80.92. The firm has a market cap of $402.14 million, a PE ratio of 29.36 and a beta of 1.23. The company has a 50 day simple moving average of $60.19 and a two-hundred day simple moving average of $66.65.

Invesco Dorsey Wright Technology Momentum ETF Announces Dividend

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

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.