Royal Bank of Canada Has $3.90 Million Stock Holdings in Invesco Dorsey Wright Technology Momentum ETF $PTF

Royal Bank of Canada increased its position in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 28.3% during the 1st quarter, HoldingsChannel reports. The fund owned 45,210 shares of the company’s stock after purchasing an additional 9,962 shares during the quarter. Royal Bank of Canada’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $3,903,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Jane Street Group LLC raised its holdings in Invesco Dorsey Wright Technology Momentum ETF by 108.1% during the 1st quarter. Jane Street Group LLC now owns 24,668 shares of the company’s stock worth $1,454,000 after purchasing an additional 329,668 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 107.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 212,785 shares of the company’s stock valued at $14,602,000 after purchasing an additional 110,228 shares during the last quarter. IMC Chicago LLC grew its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 259.9% during the 4th quarter. IMC Chicago LLC now owns 21,104 shares of the company’s stock worth $1,614,000 after buying an additional 34,299 shares during the period. Private Advisor Group LLC grew its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 317.5% during the 3rd quarter. Private Advisor Group LLC now owns 35,281 shares of the company’s stock worth $2,640,000 after buying an additional 26,830 shares during the period. Finally, Bleakley Financial Group LLC bought a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF during the first quarter worth approximately $1,526,000.

Invesco Dorsey Wright Technology Momentum ETF Price Performance

PTF opened at $113.73 on Friday. The firm has a 50 day simple moving average of $115.03 and a 200 day simple moving average of $106.08. Invesco Dorsey Wright Technology Momentum ETF has a fifty-two week low of $64.29 and a fifty-two week high of $139.65. The company has a market cap of $689.20 million, a price-to-earnings ratio of 32.05 and a beta of 1.68.

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.