LFG Wealth Partners LLC Takes Position in Invesco S&P SmallCap Information Technology ETF $PSCT

LFG Wealth Partners LLC purchased a new stake in shares of Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 27,569 shares of the company’s stock, valued at approximately $1,561,000. Invesco S&P SmallCap Information Technology ETF comprises about 1.0% of LFG Wealth Partners LLC’s portfolio, making the stock its 29th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of PSCT. Founders Financial Alliance LLC acquired a new position in shares of Invesco S&P SmallCap Information Technology ETF during the 3rd quarter valued at about $26,000. Advisory Services Network LLC purchased a new stake in Invesco S&P SmallCap Information Technology ETF in the 3rd quarter valued at about $32,000. Farther Finance Advisors LLC raised its holdings in Invesco S&P SmallCap Information Technology ETF by 37.4% in the 4th quarter. Farther Finance Advisors LLC now owns 1,195 shares of the company’s stock valued at $68,000 after buying an additional 325 shares during the period. Kestra Advisory Services LLC purchased a new stake in Invesco S&P SmallCap Information Technology ETF in the 4th quarter valued at about $150,000. Finally, Jones Financial Companies Lllp raised its holdings in Invesco S&P SmallCap Information Technology ETF by 12.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,880 shares of the company’s stock valued at $202,000 after buying an additional 418 shares during the period.

Invesco S&P SmallCap Information Technology ETF Trading Up 1.8%

Shares of PSCT opened at $88.18 on Tuesday. The firm has a market cap of $530.84 million, a P/E ratio of 23.78 and a beta of 1.34. Invesco S&P SmallCap Information Technology ETF has a 12-month low of $43.83 and a 12-month high of $89.42. The company’s 50-day moving average price is $76.72 and its 200 day moving average price is $66.00.

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.