Northwestern Mutual Wealth Management Co. Boosts Stock Position in Invesco S&P SmallCap Information Technology ETF $PSCT

Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) by 9.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 101,328 shares of the company’s stock after purchasing an additional 8,743 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 1.70% of Invesco S&P SmallCap Information Technology ETF worth $5,736,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PSCT. IMC Chicago LLC boosted its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 107.3% in the 3rd quarter. IMC Chicago LLC now owns 11,401 shares of the company’s stock worth $605,000 after purchasing an additional 167,700 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of Invesco S&P SmallCap Information Technology ETF in the 3rd quarter worth about $1,974,000. Two Sigma Investments LP purchased a new position in shares of Invesco S&P SmallCap Information Technology ETF in the 3rd quarter worth about $1,051,000. Jones Financial Companies Lllp boosted its holdings in Invesco S&P SmallCap Information Technology ETF by 783.8% during the 1st quarter. Jones Financial Companies Lllp now owns 13,558 shares of the company’s stock valued at $543,000 after acquiring an additional 12,024 shares during the period. Finally, BNP Paribas Financial Markets purchased a new stake in Invesco S&P SmallCap Information Technology ETF during the 3rd quarter valued at about $531,000.

Invesco S&P SmallCap Information Technology ETF Price Performance

Shares of PSCT stock opened at $87.28 on Thursday. The stock has a market capitalization of $525.43 million, a PE ratio of 23.78 and a beta of 1.31. Invesco S&P SmallCap Information Technology ETF has a 1-year low of $43.73 and a 1-year high of $88.32. The business has a 50-day moving average of $72.95 and a 200 day moving average of $64.34.

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.