Transamerica Financial Advisors Inc. Buys 9,625 Shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Transamerica Financial Advisors Inc. grew its stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 4.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 248,394 shares of the company’s stock after acquiring an additional 9,625 shares during the quarter. Invesco Dorsey Wright Technology Momentum ETF comprises approximately 1.8% of Transamerica Financial Advisors Inc.’s investment portfolio, making the stock its 8th biggest position. Transamerica Financial Advisors Inc. owned about 3.16% of Invesco Dorsey Wright Technology Momentum ETF worth $18,024,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp raised its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 143.3% during the 4th quarter. Jones Financial Companies Lllp now owns 1,708 shares of the company’s stock valued at $124,000 after buying an additional 1,006 shares during the period. Journey Strategic Wealth LLC purchased a new stake in Invesco Dorsey Wright Technology Momentum ETF in the fourth quarter valued at $218,000. Evergreen Advisors LLC purchased a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter worth $229,000. Legacy Capital Group California Inc. acquired a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF during the 4th quarter worth about $236,000. Finally, DMC Group LLC purchased a new stake in Invesco Dorsey Wright Technology Momentum ETF in the 4th quarter valued at about $250,000.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

Invesco Dorsey Wright Technology Momentum ETF stock opened at $59.57 on Friday. The firm has a 50 day moving average price of $67.46 and a 200 day moving average price of $68.86. Invesco Dorsey Wright Technology Momentum ETF has a fifty-two week low of $50.05 and a fifty-two week high of $80.92. The company has a market capitalization of $468.22 million, a PE ratio of 38.14 and a beta of 1.23.

Invesco Dorsey Wright Technology Momentum ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.1491 per share. The ex-dividend date of this dividend was Monday, March 24th.

Invesco Dorsey Wright Technology Momentum ETF 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.