Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) to Issue $0.02 Dividend

Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) declared a dividend on Monday, September 18th, NASDAQ reports. Investors of record on Tuesday, September 19th will be paid a dividend of 0.0159 per share on Friday, September 22nd. The ex-dividend date is Monday, September 18th.

Invesco Dorsey Wright Technology Momentum ETF Price Performance

Shares of NASDAQ PTF opened at $45.71 on Tuesday. The company has a 50 day simple moving average of $47.53 and a 200 day simple moving average of $44.94. The firm has a market cap of $270.60 million, a PE ratio of 17.72 and a beta of 1.23. Invesco Dorsey Wright Technology Momentum ETF has a 1 year low of $32.96 and a 1 year high of $52.27.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PTF. Centaurus Financial Inc. raised its holdings in Invesco Dorsey Wright Technology Momentum ETF by 142.1% during the 1st quarter. Centaurus Financial Inc. now owns 1,600 shares of the company’s stock worth $221,000 after purchasing an additional 939 shares during the last quarter. Atria Wealth Solutions Inc. bought a new position in Invesco Dorsey Wright Technology Momentum ETF during the 1st quarter worth approximately $2,062,000. IHT Wealth Management LLC raised its holdings in Invesco Dorsey Wright Technology Momentum ETF by 14.9% during the 1st quarter. IHT Wealth Management LLC now owns 6,004 shares of the company’s stock worth $829,000 after purchasing an additional 778 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in Invesco Dorsey Wright Technology Momentum ETF during the 1st quarter worth approximately $1,316,000. Finally, FMR LLC raised its holdings in Invesco Dorsey Wright Technology Momentum ETF by 11,433.3% during the 2nd quarter. FMR LLC now owns 346 shares of the company’s stock worth $38,000 after purchasing an additional 343 shares during the last quarter.

Invesco Dorsey Wright 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.