Invesco Dorsey Wright Healthcare Momentum ETF $PTH Position Increased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) by 12,990.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,124 shares of the company’s stock after acquiring an additional 46,764 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 1.88% of Invesco Dorsey Wright Healthcare Momentum ETF worth $2,342,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in PTH. Sound Income Strategies LLC bought a new stake in Invesco Dorsey Wright Healthcare Momentum ETF during the 4th quarter valued at $49,000. Jones Financial Companies Lllp raised its stake in Invesco Dorsey Wright Healthcare Momentum ETF by 8.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 3,484 shares of the company’s stock valued at $149,000 after acquiring an additional 261 shares in the last quarter. Focus Partners Wealth bought a new stake in Invesco Dorsey Wright Healthcare Momentum ETF during the 3rd quarter valued at $287,000. Atlas Legacy Advisors LLC bought a new stake in Invesco Dorsey Wright Healthcare Momentum ETF during the 4th quarter valued at $320,000. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Invesco Dorsey Wright Healthcare Momentum ETF by 23.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,920 shares of the company’s stock valued at $391,000 after acquiring an additional 1,500 shares in the last quarter.

Invesco Dorsey Wright Healthcare Momentum ETF Price Performance

Shares of Invesco Dorsey Wright Healthcare Momentum ETF stock opened at $51.48 on Wednesday. The business’s fifty day moving average price is $50.44 and its two-hundred day moving average price is $50.14. The company has a market capitalization of $123.55 million, a P/E ratio of 35.21 and a beta of 0.85. Invesco Dorsey Wright Healthcare Momentum ETF has a 1-year low of $36.16 and a 1-year high of $54.47.

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.