Shares of Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT – Get Free Report) saw strong trading volume on Wednesday . 23,323 shares changed hands during mid-day trading, a decline of 15% from the previous session’s volume of 27,476 shares.The stock last traded at $85.66 and had previously closed at $86.93.
Invesco S&P SmallCap Information Technology ETF Stock Performance
The stock has a market cap of $518.86 million, a P/E ratio of 23.78 and a beta of 1.31. The firm has a 50 day moving average of $70.94 and a two-hundred day moving average of $63.60.
Institutional Investors Weigh In On Invesco S&P SmallCap Information Technology ETF
Several hedge funds have recently modified their holdings of PSCT. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P SmallCap Information Technology ETF by 722.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 761,760 shares of the company’s stock valued at $43,123,000 after purchasing an additional 669,175 shares during the period. Farther Finance Advisors LLC boosted its stake in Invesco S&P SmallCap Information Technology ETF by 37.4% during the fourth quarter. Farther Finance Advisors LLC now owns 1,195 shares of the company’s stock worth $68,000 after buying an additional 325 shares in the last quarter. Eagle Strategies LLC increased its holdings in Invesco S&P SmallCap Information Technology ETF by 3.5% in the 4th quarter. Eagle Strategies LLC now owns 9,428 shares of the company’s stock valued at $534,000 after buying an additional 321 shares during the period. Apollon Wealth Management LLC raised its stake in shares of Invesco S&P SmallCap Information Technology ETF by 2.3% in the 4th quarter. Apollon Wealth Management LLC now owns 10,949 shares of the company’s stock valued at $620,000 after buying an additional 244 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC lifted its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 73.9% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 9,871 shares of the company’s stock worth $559,000 after acquiring an additional 4,196 shares during the period.
Invesco S&P SmallCap Information Technology ETF Company Profile
PowerShares S&P SmallCap Information Technology Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P SmallCap 600 Capped Information Technology Index (the Index). The Index consists of common stocks of the United States information technology companies. These are companies that are principally engaged in the business of providing information technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies.
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