Shares of Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT – Get Free Report) fell 2.2% during mid-day trading on Tuesday . The stock traded as low as $60.38 and last traded at $60.71. 33,042 shares traded hands during trading, an increase of 41% from the average session volume of 23,403 shares. The stock had previously closed at $62.05.
Invesco S&P SmallCap Information Technology ETF Price Performance
The firm has a 50-day moving average price of $58.08 and a 200 day moving average price of $53.46. The company has a market cap of $344.83 million, a price-to-earnings ratio of 23.78 and a beta of 1.26.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Founders Financial Alliance LLC bought a new position in Invesco S&P SmallCap Information Technology ETF during the 3rd quarter worth $26,000. Ameritas Advisory Services LLC bought a new stake in shares of Invesco S&P SmallCap Information Technology ETF in the second quarter valued at about $30,000. Advisory Services Network LLC acquired a new position in shares of Invesco S&P SmallCap Information Technology ETF in the third quarter valued at about $32,000. Farther Finance Advisors LLC bought a new position in Invesco S&P SmallCap Information Technology ETF during the third quarter worth about $46,000. Finally, Jones Financial Companies Lllp increased its position in Invesco S&P SmallCap Information Technology ETF by 12.1% during the third quarter. Jones Financial Companies Lllp now owns 3,880 shares of the company’s stock worth $202,000 after acquiring an additional 418 shares during the period.
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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