Northwestern Mutual Wealth Management Co. Sells 1,812 Shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Northwestern Mutual Wealth Management Co. trimmed its holdings in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 7.1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 23,692 shares of the company’s stock after selling 1,812 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $1,467,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of PTF. StoneX Group Inc. boosted its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 1.1% during the 1st quarter. StoneX Group Inc. now owns 32,181 shares of the company’s stock valued at $1,847,000 after acquiring an additional 336 shares during the last quarter. Cooper Financial Group boosted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 5.3% in the first quarter. Cooper Financial Group now owns 7,385 shares of the company’s stock worth $424,000 after purchasing an additional 370 shares during the last quarter. Nilsine Partners LLC boosted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 1.9% in the second quarter. Nilsine Partners LLC now owns 25,428 shares of the company’s stock worth $1,575,000 after purchasing an additional 468 shares during the last quarter. SPC Financial Inc. grew its position in Invesco Dorsey Wright Technology Momentum ETF by 5.4% in the 1st quarter. SPC Financial Inc. now owns 16,068 shares of the company’s stock worth $922,000 after purchasing an additional 828 shares during the period. Finally, Raymond James & Associates raised its stake in Invesco Dorsey Wright Technology Momentum ETF by 1.3% during the 2nd quarter. Raymond James & Associates now owns 83,655 shares of the company’s stock valued at $5,182,000 after buying an additional 1,101 shares during the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Price Performance

PTF stock opened at $64.17 on Friday. Invesco Dorsey Wright Technology Momentum ETF has a 1 year low of $40.17 and a 1 year high of $65.85. The company has a market cap of $456.89 million, a P/E ratio of 12.47 and a beta of 1.23. The stock’s fifty day moving average price is $60.57 and its 200-day moving average price is $59.38.

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.