Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) Sees Unusually-High Trading Volume – What’s Next?

Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) shares saw an uptick in trading volume on Tuesday . Approximately 36,113 shares traded hands during mid-day trading, an increase of 21% from the previous session’s volume of 29,748 shares.The stock last traded at $80.80 and had previously closed at $84.76.

Invesco S&P SmallCap Information Technology ETF Trading Down 3.4%

The company’s 50-day moving average price is $82.53 and its two-hundred day moving average price is $68.97. The company has a market cap of $518.36 million, a P/E ratio of 23.78 and a beta of 1.32.

Institutional Trading of Invesco S&P SmallCap Information Technology ETF

A number of large investors have recently added to or reduced their stakes in PSCT. Advisory Services Network LLC acquired a new position in Invesco S&P SmallCap Information Technology ETF in the third quarter worth approximately $32,000. Farther Finance Advisors LLC lifted its position in shares of Invesco S&P SmallCap Information Technology ETF by 37.4% during 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 last quarter. Kestra Advisory Services LLC bought a new stake in shares of Invesco S&P SmallCap Information Technology ETF during the 4th quarter worth $150,000. PFG Investments LLC bought a new stake in shares of Invesco S&P SmallCap Information Technology ETF during the 4th quarter worth $204,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Invesco S&P SmallCap Information Technology ETF during the 4th quarter worth $247,000.

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.