Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) Stock Price Up 0.5% – Here’s What Happened

Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) shares were up 0.5% during trading on Tuesday . The stock traded as high as $54.62 and last traded at $54.44. Approximately 23,412 shares traded hands during trading, an increase of 37% from the average session volume of 17,137 shares. The stock had previously closed at $54.19.

Invesco S&P SmallCap Health Care ETF Stock Performance

The firm’s 50 day simple moving average is $47.25 and its 200-day simple moving average is $44.68. The company has a market cap of $164.95 million, a price-to-earnings ratio of 21.94 and a beta of 0.83.

Hedge Funds Weigh In On Invesco S&P SmallCap Health Care ETF

A number of institutional investors and hedge funds have recently bought and sold shares of PSCH. O Shaughnessy Asset Management LLC raised its holdings in Invesco S&P SmallCap Health Care ETF by 79.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 676 shares of the company’s stock valued at $30,000 after acquiring an additional 300 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of Invesco S&P SmallCap Health Care ETF in the first quarter valued at approximately $49,000. Wiser Advisor Group LLC purchased a new stake in shares of Invesco S&P SmallCap Health Care ETF in the third quarter valued at approximately $76,000. Register Financial Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap Health Care ETF in the fourth quarter valued at approximately $81,000. Finally, Osaic Holdings Inc. increased its holdings in shares of Invesco S&P SmallCap Health Care ETF by 6.4% in the fourth quarter. Osaic Holdings Inc. now owns 6,376 shares of the company’s stock valued at $281,000 after purchasing an additional 384 shares during the last quarter.

Invesco S&P SmallCap Health Care ETF Company Profile

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.