Invesco DWA Technology Momentum ETF (NASDAQ:PTF) Short Interest Update
Invesco DWA Technology Momentum ETF (NASDAQ:PTF – Get Rating) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 3,200 shares, a decrease of 77.9% from the November 30th total of 14,500 shares. Based on an average daily volume of 10,400 shares, the short-interest ratio is presently 0.3 days.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco DWA Technology Momentum ETF by 2,028.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 39,954 shares of the company’s stock worth $4,333,000 after purchasing an additional 38,077 shares during the last quarter. LPL Financial LLC lifted its stake in Invesco DWA Technology Momentum ETF by 100.5% in the second quarter. LPL Financial LLC now owns 69,509 shares of the company’s stock worth $7,538,000 after acquiring an additional 34,846 shares during the period. MML Investors Services LLC boosted its holdings in Invesco DWA Technology Momentum ETF by 138.7% in the third quarter. MML Investors Services LLC now owns 42,315 shares of the company’s stock valued at $4,498,000 after acquiring an additional 24,590 shares in the last quarter. CX Institutional bought a new position in Invesco DWA Technology Momentum ETF in the 3rd quarter worth $2,158,000. Finally, Atria Wealth Solutions Inc. bought a new position in Invesco DWA Technology Momentum ETF in the 1st quarter worth $2,062,000.
Invesco DWA Technology Momentum ETF Stock Performance
Shares of NASDAQ PTF traded down $1.92 during midday trading on Wednesday, hitting $110.38. The company’s stock had a trading volume of 8,357 shares, compared to its average volume of 14,201. The stock has a fifty day moving average price of $116.82 and a 200 day moving average price of $116.89. Invesco DWA Technology Momentum ETF has a one year low of $98.88 and a one year high of $169.44.
Invesco DWA 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.
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