Raymond James & Associates Sells 906 Shares of Invesco DWA Technology Momentum ETF (NASDAQ:PTF)

Raymond James & Associates reduced its position in the Invesco DWA Technology Momentum ETF (NASDAQ: PTF – Get Rating) by 6.6% during the third quarter, according to the company’s most recent filing with the Securities and Exchange Commission (SEC). %. The fund owns 12,908 shares of the company after selling 906 shares during the quarter. As of its most recent SEC filing, Raymond James & Associates owns 0.77% of the $1,372,000 Invesco DWA Technology Momentum ETF.

→ The next big crisis is here (from Porter Corporation)

Other large investors have also recently revised their stakes in the company. SeaCrest Wealth Management LLC bought a new position in Invesco DWA Technology Momentum ETF stock in the second quarter, worth about $36,000. FMR LLC increased its position in the Invesco DWA Technology Momentum ETF by 11,433.3% during the second quarter. FMR LLC now owns 346 shares of the company worth $38,000 after purchasing an additional 343 shares last quarter. Centaurus Financial increased its position in the Invesco DWA Technology Momentum ETF by 142.1% in the first quarter. Centaurus Financial now owns 1,600 shares of the company worth $221,000 after purchasing an additional 939 shares last quarter. US Bancorp DE increased its position in the Invesco DWA Technology Momentum ETF by 175.1% in the second quarter. US Bancorp DE now owns 1,824 shares of the company worth $198,000 after purchasing an additional 1,161 shares last quarter. Finally, private trust companies. NA purchased approximately $325,000 worth of new positions in Invesco DWA Technology Momentum ETF shares during the second quarter.

Invesco DWA Technology Momentum ETF Price Performance

Nasdaq PTF opened at $121.09 on Thursday. The company’s 50-day moving average is $118.31 and its 200-day moving average is $117.86. The Invesco DWA Technology Momentum ETF had a fifty-two-week low of $98.88 and a fifty-two-week high of $147.26.

Introducing the Invesco DWA Technology Momentum ETF

(get rating)

The PowerShares Dynamic Technology Sector Portfolio (Fund) seeks investment results that generally correspond to the price and yield of the Dynamic Technology Sector Intellidex Index (Index). The index is made up of stocks of U.S. technology companies. These companies are primarily engaged in the business of providing technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communications technology.

Featured Stories

Want to see what other hedge funds hold PTFs? Visit HoldingsChannel.com for the latest 13F filings and insider trades on the Invesco DWA Technology Momentum ETF (NASDAQ:PTF – Get Rated ).

Institutional Ownership of the Invesco DWA Technology Momentum ETF (NASDAQ:PTF) by Quarter

This breaking news alert is powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate coverage. This story was reviewed by MarketBeat’s editorial team before publication. Please send any questions or comments about this story to contact@marketbeat.com.

You’ll want to hear this before you consider the Invesco DWA Technology Momentum ETF.

MarketBeat tracks Wall Street’s highest-rated and top-performing research analysts and the stocks they recommend to clients on a daily basis. MarketBeat has identified five stocks that top analysts are quietly telling their clients to buy before the broader market catches up…and the Invesco DWA Technology Momentum ETF isn’t on the list.

Although the Invesco DWA Technology Momentum ETF currently has a “hold” rating among analysts, the top-rated analysts see these five stocks as better buys.

Check out five stocks here

The Beginner's Guide to Retirement Stock Covers

Source link