Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH – Get Free Report)’s stock price rose 0.1% on Thursday. The stock traded as high as $52.70 and last traded at $52.65. 50,238 shares traded hands during trading, an increase of 152% from the average daily volume of 19,916 shares. The stock had previously closed at $52.59.
Invesco S&P SmallCap Health Care ETF Trading Up 0.1%
The stock has a market cap of $182.70 million, a price-to-earnings ratio of 21.94 and a beta of 0.84. The stock has a fifty day simple moving average of $54.15 and a 200-day simple moving average of $48.62.
Institutional Investors Weigh In On Invesco S&P SmallCap Health Care ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC grew its stake in Invesco S&P SmallCap Health Care ETF by 828.5% during the second quarter. NewEdge Advisors LLC now owns 3,714 shares of the company’s stock worth $195,000 after buying an additional 3,314 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new position in shares of Invesco S&P SmallCap Health Care ETF in the second quarter valued at approximately $330,000. Western Wealth Management LLC bought a new position in shares of Invesco S&P SmallCap Health Care ETF in the first quarter valued at approximately $49,000. Finally, Parr Mcknight Wealth Management Group LLC acquired a new position in shares of Invesco S&P SmallCap Health Care ETF in the 1st quarter worth approximately $1,120,000.
About Invesco S&P SmallCap Health Care ETF
PowerShares S&P SmallCap Health Care Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped HealthCare Index (the Underlying Index). The Underlying Index consists of common stocks of the United States healthcare companies. These are companies that are principally engaged in the business of providing healthcare-related products and services, including biotechnology, pharmaceuticals, medical technology and supplies, and facilities.
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