StoneX Group Inc. Makes New Investment in Invesco Dorsey Wright Technology Momentum ETF $PTF

StoneX Group Inc. bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) during the third quarter, Holdings Channel reports. The institutional investor bought 41,050 shares of the company’s stock, valued at approximately $4,451,000.

Other large investors also recently modified their holdings of the company. Bank of America Corp DE lifted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 2.8% in 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 bought a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF during the 3rd quarter valued at about $8,722,000. Paller Financial Services Inc grew its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 3.8% during the 3rd quarter. Paller Financial Services Inc now owns 68,775 shares of the company’s stock valued at $7,489,000 after buying an additional 2,504 shares during the last quarter. Royal Bank of Canada grew its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 28.3% during the 1st 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. Finally, IMC Chicago LLC raised its stake in Invesco Dorsey Wright Technology Momentum ETF by 59.7% during the first quarter. IMC Chicago LLC now owns 33,697 shares of the company’s stock worth $2,909,000 after acquiring an additional 12,593 shares during the period.

Invesco Dorsey Wright Technology Momentum ETF Stock Up 1.4%

PTF opened at $89.70 on Friday. The firm has a market cap of $499.63 million, a price-to-earnings ratio of 32.05 and a beta of 1.67. Invesco Dorsey Wright Technology Momentum ETF has a fifty-two week low of $66.48 and a fifty-two week high of $139.65. The company’s 50-day moving average price is $103.53 and its 200 day moving average price is $104.90.

Invesco Dorsey Wright Technology Momentum ETF Company 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.