Invesco DWA Technology Momentum ETF (NASDAQ:PTF) Shares Acquired by Ladenburg Thalmann Financial Services Inc.

Ladenburg Thalmann Financial Services Inc. lifted its position in shares of Invesco DWA Technology Momentum ETF (NASDAQ:PTF) by 112.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,652 shares of the company’s stock after purchasing an additional 5,114 shares during the period. Ladenburg Thalmann Financial Services Inc. owned about 0.29% of Invesco DWA Technology Momentum ETF worth $704,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Morgan Stanley increased its stake in shares of Invesco DWA Technology Momentum ETF by 27.9% in the second quarter. Morgan Stanley now owns 220,142 shares of the company’s stock worth $16,044,000 after buying an additional 47,992 shares during the last quarter. Niemann Capital Management Inc. bought a new stake in shares of Invesco DWA Technology Momentum ETF in the second quarter worth $15,965,000. Bank of America Corp DE increased its stake in shares of Invesco DWA Technology Momentum ETF by 85.2% in the second quarter. Bank of America Corp DE now owns 116,275 shares of the company’s stock worth $8,474,000 after buying an additional 53,493 shares during the last quarter. HighTower Advisors LLC bought a new stake in shares of Invesco DWA Technology Momentum ETF in the second quarter worth $6,914,000. Finally, Wells Fargo & Company MN increased its stake in shares of Invesco DWA Technology Momentum ETF by 32.0% in the second quarter. Wells Fargo & Company MN now owns 62,068 shares of the company’s stock worth $4,524,000 after buying an additional 15,064 shares during the last quarter.

Shares of NASDAQ:PTF opened at $70.80 on Friday. The company has a fifty day simple moving average of $73.14 and a 200 day simple moving average of $72.72. Invesco DWA Technology Momentum ETF has a 12-month low of $47.71 and a 12-month high of $81.35.

Invesco DWA Technology Momentum ETF 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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Institutional Ownership by Quarter for Invesco DWA Technology Momentum ETF (NASDAQ:PTF)

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