Pacific Sun Financial Corp Has $571,000 Position in Invesco Dynamic Pharmaceuticals ETF (NYSEARCA:PJP)

Pacific Sun Financial Corp cut its stake in shares of Invesco Dynamic Pharmaceuticals ETF (NYSEARCA:PJP) by 10.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,072 shares of the company’s stock after selling 1,180 shares during the quarter. Pacific Sun Financial Corp owned approximately 0.17% of Invesco Dynamic Pharmaceuticals ETF worth $571,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hanson McClain Inc. acquired a new position in Invesco Dynamic Pharmaceuticals ETF during the 2nd quarter worth about $30,000. Envestnet Asset Management Inc. lifted its stake in shares of Invesco Dynamic Pharmaceuticals ETF by 1,083.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 186,707 shares of the company’s stock valued at $11,232,000 after purchasing an additional 170,928 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Invesco Dynamic Pharmaceuticals ETF by 7.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 10,846 shares of the company’s stock valued at $647,000 after purchasing an additional 746 shares during the period. Advisory Services Network LLC lifted its stake in shares of Invesco Dynamic Pharmaceuticals ETF by 474.9% in the 2nd quarter. Advisory Services Network LLC now owns 2,587 shares of the company’s stock valued at $156,000 after purchasing an additional 2,137 shares during the period. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of Invesco Dynamic Pharmaceuticals ETF in the 2nd quarter valued at about $72,000.

Shares of NYSEARCA:PJP traded up $0.77 during midday trading on Friday, reaching $60.25. The company’s stock had a trading volume of 15,151 shares, compared to its average volume of 35,232. The firm has a 50 day moving average price of $57.71 and a two-hundred day moving average price of $58.62. Invesco Dynamic Pharmaceuticals ETF has a fifty-two week low of $54.86 and a fifty-two week high of $70.89.

About Invesco Dynamic Pharmaceuticals ETF

PowerShares Dynamic Pharmaceuticals Portfolio (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Pharmaceuticals Intellidex Index (the Index). The Index evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.

Further Reading: What is the price-to-earnings growth (PEG) ratio?

Institutional Ownership by Quarter for Invesco Dynamic Pharmaceuticals ETF (NYSEARCA:PJP)

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