Theory Financial LLC Sells 10,661 Shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Theory Financial LLC lowered its stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 10.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 88,353 shares of the company’s stock after selling 10,661 shares during the period. Invesco Dorsey Wright Technology Momentum ETF makes up 2.7% of Theory Financial LLC’s portfolio, making the stock its 10th largest holding. Theory Financial LLC owned 1.12% of Invesco Dorsey Wright Technology Momentum ETF worth $6,411,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Journey Strategic Wealth LLC acquired a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter worth approximately $218,000. Legacy Capital Group California Inc. acquired a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter worth approximately $236,000. DMC Group LLC acquired a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter worth approximately $250,000. Jane Street Group LLC acquired a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the 3rd quarter worth approximately $259,000. Finally, Geneos Wealth Management Inc. grew its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 20.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 4,541 shares of the company’s stock worth $329,000 after purchasing an additional 769 shares in the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Stock Down 4.1 %

Shares of NASDAQ:PTF opened at $68.38 on Friday. The firm has a market cap of $537.47 million, a PE ratio of 39.10 and a beta of 1.23. The company’s 50 day moving average price is $72.84 and its two-hundred day moving average price is $68.63. Invesco Dorsey Wright Technology Momentum ETF has a 12-month low of $50.05 and a 12-month high of $80.92.

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.