Eagle Strategies LLC Increases Position in Invesco S&P SmallCap Information Technology ETF $PSCT

Eagle Strategies LLC raised its holdings in shares of Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) by 6.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,735 shares of the company’s stock after acquiring an additional 472 shares during the quarter. Eagle Strategies LLC owned approximately 0.14% of Invesco S&P SmallCap Information Technology ETF worth $358,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in PSCT. Ameritas Advisory Services LLC purchased a new position in Invesco S&P SmallCap Information Technology ETF during the 2nd quarter valued at about $30,000. Greykasell Wealth Strategies Inc. acquired a new stake in Invesco S&P SmallCap Information Technology ETF during the 1st quarter valued at $58,000. Harbour Capital Advisors LLC acquired a new stake in Invesco S&P SmallCap Information Technology ETF during the 2nd quarter valued at $203,000. Wealthcare Capital Partners LLC acquired a new stake in Invesco S&P SmallCap Information Technology ETF during the 2nd quarter valued at $204,000. Finally, Comerica Bank grew its holdings in Invesco S&P SmallCap Information Technology ETF by 138.4% during the 1st quarter. Comerica Bank now owns 5,685 shares of the company’s stock valued at $228,000 after buying an additional 3,300 shares during the last quarter.

Invesco S&P SmallCap Information Technology ETF Stock Performance

Shares of NASDAQ:PSCT opened at $54.78 on Friday. The business’s fifty day moving average price is $49.67 and its two-hundred day moving average price is $45.12. The stock has a market cap of $311.70 million, a PE ratio of 23.78 and a beta of 1.22. Invesco S&P SmallCap Information Technology ETF has a one year low of $33.16 and a one year high of $55.64.

Invesco S&P SmallCap Information Technology ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.0039 per share. This represents a $0.02 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Monday, September 22nd.

Invesco S&P SmallCap Information Technology ETF Profile

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.