Invesco Dorsey Wright Technology Momentum ETF
PTF
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 3500 Lacey Road Downers Grove IL United States of America 60515
- IPO Date
- Oct 12, 2006
- CIK
- 0001209466
- Website
- invesco.com
- Similar Companies
- Business
- Invesco Dorsey Wright Technology Momentum ETF (PTF) is an exchange-traded fund that provides investors with targeted exposure to technology sector equities exhibiting strong relative price momentum; it tracks the Dorsey Wright Technology Technical Leaders Index, which selects and weights at least 30 securities from the NASDAQ US Benchmark Index based on momentum measurements compared to peers. The fund normally invests at least 90% of its total assets in index components, with holdings spanning information technology, communication services, and industrials; top holdings as of late 2025 include Palantir Technologies Inc., Cadence Design Systems Inc., Broadcom Inc., NVIDIA Corp., and Ondas Holdings Inc., representing approximately 40% of assets. Launched on October 12, 2006, and domiciled in the United States, PTF trades on the Nasdaq with an expense ratio of 0.60%, total net assets exceeding $500 million USD, and quarterly rebalancing and reconstitution. Operated by Invesco Ltd., headquartered in Atlanta, Georgia, the ETF serves institutional and retail investors seeking growth-oriented technology momentum strategies within U.S. markets. PTF focuses on mid- and large-cap growth stocks in the technology Morningstar category, with a beta of approximately 1.5 reflecting heightened market sensitivity. Recent developments include a 3-for-1 stock split on July 17, 2023, enhancing share liquidity; in 2025, the fund experienced shifts in institutional ownership, with hedge funds reducing aggregate capital invested by 23% to $195 million in Q3 amid portfolio adjustments by 42 managers versus increases by 19. Assets under management grew to around $538 million by October 2025, supported by strong performance with shares reaching a 52-week high near $81 amid technology sector rallies. No major acquisitions, partnerships, or product launches specific to PTF were reported in the last 1-2 years, though Invesco continues to manage the fund with a team led by Peter Hubbard since 2007.