Parr Mcknight Wealth Management Group LLC Takes $1.36 Million Position in Invesco S&P SmallCap Information Technology ETF $PSCT

Parr Mcknight Wealth Management Group LLC bought a new stake in shares of Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) in the 1st quarter, Holdings Channel.com reports. The firm bought 22,626 shares of the company’s stock, valued at approximately $1,359,000.

A number of other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada boosted its stake in shares of Invesco S&P SmallCap Information Technology ETF by 29.6% during the 1st quarter. Royal Bank of Canada now owns 24,324 shares of the company’s stock worth $975,000 after acquiring an additional 5,552 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 783.8% during the first quarter. Jones Financial Companies Lllp now owns 13,558 shares of the company’s stock valued at $543,000 after purchasing an additional 12,024 shares during the last quarter. MGB Wealth Management LLC boosted its position in shares of Invesco S&P SmallCap Information Technology ETF by 4.5% in the 2nd quarter. MGB Wealth Management LLC now owns 11,602 shares of the company’s stock valued at $536,000 after purchasing an additional 500 shares during the period. Corient Private Wealth LLC acquired a new position in shares of Invesco S&P SmallCap Information Technology ETF in the 2nd quarter valued at $208,000. Finally, Osaic Holdings Inc. increased its stake in Invesco S&P SmallCap Information Technology ETF by 3.2% in the 2nd quarter. Osaic Holdings Inc. now owns 8,981 shares of the company’s stock worth $415,000 after purchasing an additional 281 shares in the last quarter.

Invesco S&P SmallCap Information Technology ETF Trading Down 2.8%

NASDAQ PSCT opened at $81.61 on Tuesday. Invesco S&P SmallCap Information Technology ETF has a 1 year low of $43.83 and a 1 year high of $92.45. The company has a market cap of $518.22 million, a PE ratio of 23.78 and a beta of 1.32. The stock’s 50-day moving average price is $83.53 and its two-hundred day moving average price is $69.85.

Invesco S&P SmallCap Information Technology ETF 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.