IHT Wealth Management LLC Has $370,000 Holdings in Invesco DWA Technology Momentum ETF (NASDAQ:PTF)

IHT Wealth Management LLC grew its position in Invesco DWA Technology Momentum ETF (NASDAQ:PTF) by 5.8% in the third quarter, Holdings Channel reports. The fund owned 5,387 shares of the company’s stock after acquiring an additional 295 shares during the quarter. IHT Wealth Management LLC’s holdings in Invesco DWA Technology Momentum ETF were worth $370,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Morgan Stanley grew its position in Invesco DWA Technology Momentum ETF by 27.9% during the 2nd quarter. Morgan Stanley now owns 220,142 shares of the company’s stock worth $16,044,000 after acquiring an additional 47,992 shares during the last quarter. Niemann Capital Management Inc. acquired a new position in Invesco DWA Technology Momentum ETF in the 2nd quarter worth about $15,965,000. UBS Group AG increased its holdings in Invesco DWA Technology Momentum ETF by 70.4% in the 2nd quarter. UBS Group AG now owns 171,444 shares of the company’s stock worth $12,495,000 after purchasing an additional 70,821 shares in the last quarter. Bank of America Corp DE raised its position in Invesco DWA Technology Momentum ETF by 85.2% in the second quarter. Bank of America Corp DE now owns 116,275 shares of the company’s stock valued at $8,474,000 after purchasing an additional 53,493 shares during the last quarter. Finally, HighTower Advisors LLC bought a new position in Invesco DWA Technology Momentum ETF in the second quarter valued at about $6,914,000.

Shares of PTF stock opened at $74.25 on Tuesday. The business’s 50-day moving average price is $72.47 and its 200-day moving average price is $73.64. Invesco DWA Technology Momentum ETF has a 12 month low of $47.71 and a 12 month high of $81.35.

Invesco DWA 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.

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Institutional Ownership by Quarter for Invesco DWA Technology Momentum ETF (NASDAQ:PTF)

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