MML Investors Services LLC Sells 395 Shares of Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH)

MML Investors Services LLC trimmed its position in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) by 5.4% during the third quarter, HoldingsChannel.com reports. The firm owned 6,858 shares of the company’s stock after selling 395 shares during the quarter. MML Investors Services LLC’s holdings in Invesco Dorsey Wright Healthcare Momentum ETF were worth $319,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of PTH. Cambridge Investment Research Advisors Inc. lifted its position in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 1.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 44,433 shares of the company’s stock worth $1,909,000 after purchasing an additional 504 shares in the last quarter. Asset Allocation Strategies LLC grew its position in Invesco Dorsey Wright Healthcare Momentum ETF by 11.4% in the second quarter. Asset Allocation Strategies LLC now owns 6,597 shares of the company’s stock valued at $284,000 after purchasing an additional 675 shares in the last quarter. Jaffetilchin Investment Partners LLC acquired a new stake in Invesco Dorsey Wright Healthcare Momentum ETF in the 3rd quarter valued at $911,000. Finally, IHT Wealth Management LLC lifted its position in Invesco Dorsey Wright Healthcare Momentum ETF by 61.7% during the 3rd quarter. IHT Wealth Management LLC now owns 93,419 shares of the company’s stock worth $4,329,000 after buying an additional 35,650 shares in the last quarter.

Invesco Dorsey Wright Healthcare Momentum ETF Price Performance

Invesco Dorsey Wright Healthcare Momentum ETF stock opened at $40.89 on Wednesday. The firm has a 50-day moving average of $44.69 and a 200-day moving average of $44.88. The company has a market cap of $129.21 million, a price-to-earnings ratio of 9.66 and a beta of 0.85. Invesco Dorsey Wright Healthcare Momentum ETF has a one year low of $37.94 and a one year high of $48.63.

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.