Shares of Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT – Get Free Report) crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $74.84 and traded as high as $77.20. Invesco S&P SmallCap Information Technology ETF shares last traded at $76.75, with a volume of 41,832 shares.
Invesco S&P SmallCap Information Technology ETF Price Performance
The firm has a fifty day simple moving average of $78.92 and a 200 day simple moving average of $74.84. The company has a market capitalization of $469.71 million, a price-to-earnings ratio of 27.27 and a beta of 1.36.
Invesco S&P SmallCap Information Technology ETF Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a dividend of $0.0035 per share. This represents a $0.01 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Monday, September 21st.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in PSCT. Syon Capital LLC purchased a new stake in Invesco S&P SmallCap Information Technology ETF during the 2nd quarter worth approximately $4,174,000. Asset Allocation Strategies LLC raised its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 197.7% during the second quarter. Asset Allocation Strategies LLC now owns 309,203 shares of the company’s stock valued at $28,573,000 after acquiring an additional 205,326 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Invesco S&P SmallCap Information Technology ETF by 232.1% in the first quarter. Cetera Investment Advisers now owns 124,215 shares of the company’s stock valued at $7,462,000 after acquiring an additional 86,813 shares in the last quarter. Independent Wealth Network Inc. purchased a new position in shares of Invesco S&P SmallCap Information Technology ETF in the third quarter valued at approximately $835,000. Finally, Parr Mcknight Wealth Management Group LLC purchased a new position in shares of Invesco S&P SmallCap Information Technology ETF in the first quarter valued at approximately $1,359,000.
About Invesco S&P SmallCap Information Technology ETF
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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