Shares of Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $83.38, but opened at $80.27. Invesco S&P SmallCap Information Technology ETF shares last traded at $80.14, with a volume of 2,430 shares traded.
Invesco S&P SmallCap Information Technology ETF Price Performance
The firm has a 50-day simple moving average of $82.93 and a 200 day simple moving average of $73.96. The stock has a market capitalization of $488.25 million, a P/E ratio of 23.78 and a beta of 1.33.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in PSCT. Advisory Services Network LLC bought a new stake in Invesco S&P SmallCap Information Technology ETF during the 3rd quarter worth approximately $32,000. Farther Finance Advisors LLC increased its position in Invesco S&P SmallCap Information Technology ETF by 37.4% in the 4th quarter. Farther Finance Advisors LLC now owns 1,195 shares of the company’s stock valued at $68,000 after acquiring an additional 325 shares during the period. Sandy Cove Advisors LLC bought a new position in shares of Invesco S&P SmallCap Information Technology ETF during the second quarter valued at $222,000. Ocean Park Asset Management LLC bought a new position in shares of Invesco S&P SmallCap Information Technology ETF during the second quarter valued at $243,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Invesco S&P SmallCap Information Technology ETF during the fourth quarter worth $150,000.
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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