Royal Bank of Canada Sells 11,444 Shares of Invesco Dorsey Wright Healthcare Momentum ETF $PTH

Royal Bank of Canada decreased its position in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) by 16.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,237 shares of the company’s stock after selling 11,444 shares during the quarter. Royal Bank of Canada’s holdings in Invesco Dorsey Wright Healthcare Momentum ETF were worth $2,903,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Captrust Financial Advisors increased its position in Invesco Dorsey Wright Healthcare Momentum ETF by 3.8% during the 4th quarter. Captrust Financial Advisors now owns 6,004 shares of the company’s stock valued at $298,000 after purchasing an additional 222 shares during the period. Bank of America Corp DE grew its holdings in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 0.8% during the 2nd quarter. Bank of America Corp DE now owns 101,502 shares of the company’s stock worth $3,946,000 after acquiring an additional 764 shares during the period. Kestra Advisory Services LLC bought a new position in shares of Invesco Dorsey Wright Healthcare Momentum ETF in the 4th quarter worth approximately $39,000. Byrne Financial Freedom LLC lifted its stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 2.3% in the 4th quarter. Byrne Financial Freedom LLC now owns 35,635 shares of the company’s stock valued at $1,771,000 after purchasing an additional 792 shares during the period. Finally, Godfrey Financial Associates Inc. purchased a new position in shares of Invesco Dorsey Wright Healthcare Momentum ETF in the 4th quarter valued at approximately $45,000.

Invesco Dorsey Wright Healthcare Momentum ETF Stock Up 0.7%

Shares of PTH stock opened at $60.33 on Friday. The business’s fifty day moving average is $57.54 and its 200 day moving average is $52.53. The stock has a market cap of $238.91 million, a price-to-earnings ratio of 35.21 and a beta of 0.81. Invesco Dorsey Wright Healthcare Momentum ETF has a twelve month low of $38.60 and a twelve month high of $61.78.

Invesco Dorsey Wright Healthcare Momentum ETF Profile

PowerShares Dynamic Healthcare Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Healthcare Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors. Securities shown to possess the greatest capital appreciation potential are selected by the Index.The Fund invests only in health care sector.