Pinnacle Financial Partners Inc Lowers Position in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Pinnacle Financial Partners Inc reduced its stake in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 41.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,320 shares of the company’s stock after selling 2,326 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $211,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Outlook Wealth Advisors LLC raised its position in Invesco Dorsey Wright Technology Momentum ETF by 5.6% in the 3rd quarter. Outlook Wealth Advisors LLC now owns 22,061 shares of the company’s stock valued at $1,399,000 after buying an additional 1,168 shares during the last quarter. Silver Oak Securities Incorporated raised its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 60.7% during the 3rd quarter. Silver Oak Securities Incorporated now owns 36,441 shares of the company’s stock worth $2,316,000 after purchasing an additional 13,761 shares during the period. Private Advisor Group LLC raised its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 5.4% during the 3rd quarter. Private Advisor Group LLC now owns 14,866 shares of the company’s stock worth $943,000 after purchasing an additional 766 shares during the period. Raymond James & Associates raised its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 58.1% during the 3rd quarter. Raymond James & Associates now owns 132,298 shares of the company’s stock worth $8,392,000 after purchasing an additional 48,643 shares during the period. Finally, Centaurus Financial Inc. raised its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 27.2% during the 2nd quarter. Centaurus Financial Inc. now owns 5,150 shares of the company’s stock worth $319,000 after purchasing an additional 1,100 shares during the period.

Invesco Dorsey Wright Technology Momentum ETF Price Performance

NASDAQ PTF opened at $69.67 on Friday. The stock has a market capitalization of $501.62 million, a price-to-earnings ratio of 12.47 and a beta of 1.23. Invesco Dorsey Wright Technology Momentum ETF has a one year low of $45.47 and a one year high of $74.83. The business’s fifty day moving average is $65.06 and its 200-day moving average is $61.74.

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.