Invesco DWA Healthcare Momentum ETF (NASDAQ:PTH) Position Cut by MML Investors Services LLC

MML Investors Services LLC trimmed its holdings in Invesco DWA Healthcare Momentum ETF (NASDAQ:PTH – Get Rating) by 4.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,105 shares of the company’s stock after selling 131 shares during the quarter. MML Investors Services LLC owned about 0.16% of Invesco DWA Healthcare Momentum ETF worth $376,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PTH. Flow Traders U.S. LLC grew its holdings in Invesco DWA Healthcare Momentum ETF by 183.2% in the 1st quarter. Flow Traders U.S. LLC now owns 28,482 shares of the company’s stock worth $3,833,000 after buying an additional 18,426 shares in the last quarter. Bank of America Corp DE lifted its position in Invesco DWA Healthcare Momentum ETF by 17.1% in the first quarter. Bank of America Corp DE now owns 49,243 shares of the company’s stock worth $6,626,000 after purchasing an additional 7,187 shares during the period. Collaborative Wealth Managment Inc. acquired a new stake in Invesco DWA Healthcare Momentum ETF in the second quarter worth approximately $540,000. Baron Financial Group LLC acquired a new stake in Invesco DWA Healthcare Momentum ETF in the third quarter worth approximately $414,000. Finally, Royal Bank of Canada lifted its position in Invesco DWA Healthcare Momentum ETF by 2.3% in the first quarter. Royal Bank of Canada now owns 140,905 shares of the company’s stock worth $18,959,000 after purchasing an additional 3,148 shares during the period.

Invesco DWA Healthcare Momentum ETF Stock Performance

PTH opened at $114.96 on Thursday. Invesco DWA Healthcare Momentum ETF has a 1-year low of $105.92 and a 1-year high of $139.20. The business has a 50 day moving average price of $119.85 and a two-hundred day moving average price of $122.37.

About Invesco DWA Healthcare Momentum ETF

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PowerShares Dynamic Healthcare Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Healthcare Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors.