NewEdge Advisors LLC Raises Holdings in Invesco Dorsey Wright Healthcare Momentum ETF $PTH

NewEdge Advisors LLC boosted its position in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) by 7,172.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,597 shares of the company’s stock after acquiring an additional 33,135 shares during the quarter. NewEdge Advisors LLC owned 1.40% of Invesco Dorsey Wright Healthcare Momentum ETF worth $1,646,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC acquired a new stake in Invesco Dorsey Wright Healthcare Momentum ETF during the fourth quarter worth about $39,000. Godfrey Financial Associates Inc. purchased a new position in shares of Invesco Dorsey Wright Healthcare Momentum ETF in the 4th quarter worth about $45,000. Fifth Third Bancorp acquired a new position in shares of Invesco Dorsey Wright Healthcare Momentum ETF in the 1st quarter valued at about $70,000. Sankala Group LLC acquired a new position in shares of Invesco Dorsey Wright Healthcare Momentum ETF in the 4th quarter valued at about $77,000. Finally, Western Wealth Management LLC acquired a new stake in Invesco Dorsey Wright Healthcare Momentum ETF during the 1st quarter worth approximately $84,000.

Invesco Dorsey Wright Healthcare Momentum ETF Stock Performance

NASDAQ PTH opened at $60.33 on Friday. Invesco Dorsey Wright Healthcare Momentum ETF has a one year low of $38.60 and a one year high of $61.78. The company’s 50 day moving average price is $57.54 and its 200 day moving average price is $52.53. The firm has a market capitalization of $238.91 million, a price-to-earnings ratio of 35.21 and a beta of 0.81.

About Invesco Dorsey Wright Healthcare Momentum ETF

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. Securities shown to possess the greatest capital appreciation potential are selected by the Index.The Fund invests only in health care sector.