Mirae Asset Global Investments Co. Ltd. purchased a new stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,900 shares of the company’s stock, valued at approximately $1,296,000. Mirae Asset Global Investments Co. Ltd. owned about 0.21% of Invesco Dorsey Wright Technology Momentum ETF as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 2.8% during the 1st quarter. Bank of America Corp DE now owns 182,668 shares of the company’s stock worth $15,769,000 after buying an additional 5,005 shares during the last quarter. Maxi Investments CY Ltd purchased a new position in Invesco Dorsey Wright Technology Momentum ETF during the 3rd quarter worth approximately $8,722,000. Paller Financial Services Inc increased its position in Invesco Dorsey Wright Technology Momentum ETF by 3.8% during the third quarter. Paller Financial Services Inc now owns 68,775 shares of the company’s stock worth $7,489,000 after buying an additional 2,504 shares during the period. Envestnet Asset Management Inc. increased its position in Invesco Dorsey Wright Technology Momentum ETF by 25.6% during the second quarter. Envestnet Asset Management Inc. now owns 29,219 shares of the company’s stock worth $3,983,000 after buying an additional 5,953 shares during the period. Finally, Royal Bank of Canada lifted its stake in Invesco Dorsey Wright Technology Momentum ETF by 28.3% in the first quarter. Royal Bank of Canada now owns 45,210 shares of the company’s stock valued at $3,903,000 after buying an additional 9,962 shares during the last quarter.
Invesco Dorsey Wright Technology Momentum ETF Trading Up 1.4%
Shares of NASDAQ PTF opened at $89.70 on Friday. The stock has a market cap of $499.63 million, a P/E ratio of 32.05 and a beta of 1.67. Invesco Dorsey Wright Technology Momentum ETF has a twelve month low of $66.48 and a twelve month high of $139.65. The stock has a 50 day moving average of $103.53 and a two-hundred day moving average of $104.90.
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.
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