Wealth Enhancement Advisory Services LLC Takes Position in Invesco Dorsey Wright Technology Momentum ETF $PTF

Wealth Enhancement Advisory Services LLC acquired a new position in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 12,414 shares of the company’s stock, valued at approximately $982,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PTF. Stratos Wealth Partners LTD. lifted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 1.4% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 10,741 shares of the company’s stock valued at $734,000 after acquiring an additional 150 shares during the last quarter. Osaic Holdings Inc. grew its position in Invesco Dorsey Wright Technology Momentum ETF by 11.7% during the 2nd quarter. Osaic Holdings Inc. now owns 69,872 shares of the company’s stock worth $4,772,000 after acquiring an additional 7,328 shares during the last quarter. Berger Financial Group Inc acquired a new position in Invesco Dorsey Wright Technology Momentum ETF in the 2nd quarter worth about $201,000. GHP Investment Advisors Inc. bought a new position in Invesco Dorsey Wright Technology Momentum ETF in the second quarter valued at about $44,000. Finally, Quadrature Capital Ltd boosted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 117.0% during the second quarter. Quadrature Capital Ltd now owns 10,936 shares of the company’s stock valued at $747,000 after purchasing an additional 5,896 shares in the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Trading Up 3.3%

NASDAQ:PTF opened at $87.53 on Tuesday. The stock’s 50-day moving average is $80.41 and its 200-day moving average is $75.94. Invesco Dorsey Wright Technology Momentum ETF has a 1-year low of $49.57 and a 1-year high of $89.01. The stock has a market cap of $420.14 million, a P/E ratio of 32.05 and a beta of 1.49.

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.