MML Investors Services LLC Trims Stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

MML Investors Services LLC lessened its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 5.4% in the third quarter, HoldingsChannel.com reports. The fund owned 104,537 shares of the company’s stock after selling 5,946 shares during the period. MML Investors Services LLC’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $6,631,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of PTF. Raymond James & Associates grew its position in Invesco Dorsey Wright Technology Momentum ETF by 1.3% in the second quarter. Raymond James & Associates now owns 83,655 shares of the company’s stock worth $5,182,000 after acquiring an additional 1,101 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 179.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 55,863 shares of the company’s stock worth $3,460,000 after purchasing an additional 35,882 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 49.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 58,352 shares of the company’s stock valued at $3,614,000 after purchasing an additional 19,277 shares during the last quarter. SPC Financial Inc. raised its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 1.9% during the 2nd quarter. SPC Financial Inc. now owns 16,376 shares of the company’s stock valued at $1,014,000 after buying an additional 308 shares in the last quarter. Finally, StoneX Group Inc. lifted its position in Invesco Dorsey Wright Technology Momentum ETF by 5.6% in the 3rd quarter. StoneX Group Inc. now owns 33,883 shares of the company’s stock worth $2,149,000 after buying an additional 1,808 shares during the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Stock Down 0.5 %

Shares of NASDAQ:PTF opened at $76.17 on Friday. The company’s fifty day moving average is $70.55 and its 200 day moving average is $64.18. Invesco Dorsey Wright Technology Momentum ETF has a 52 week low of $47.06 and a 52 week high of $80.92. The stock has a market cap of $548.42 million, a PE ratio of 12.47 and a beta of 1.23.

About Invesco Dorsey Wright Technology Momentum ETF

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.