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

Shares of Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) traded up 0.5% during mid-day trading on Tuesday . The company traded as high as $54.62 and last traded at $54.44. Approximately 23,412 shares changed hands during mid-day 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 Trading Up 1.0%

The stock has a 50-day simple moving average of $47.43 and a 200 day simple moving average of $44.74. The company has a market cap of $165.35 million, a price-to-earnings ratio of 21.94 and a beta of 0.83.

Institutional Investors Weigh In On Invesco S&P SmallCap Health Care ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. O Shaughnessy Asset Management LLC increased 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 worth $30,000 after buying an additional 300 shares during the period. Royal Bank of Canada boosted its holdings in shares of Invesco S&P SmallCap Health Care ETF by 1.5% in the 1st quarter. Royal Bank of Canada now owns 24,666 shares of the company’s stock valued at $1,067,000 after acquiring an additional 374 shares during the last quarter. Osaic Holdings Inc. increased its stake 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 worth $281,000 after acquiring an additional 384 shares during the period. G&S Capital LLC increased its stake in shares of Invesco S&P SmallCap Health Care ETF by 0.8% in the fourth quarter. G&S Capital LLC now owns 73,996 shares of the company’s stock worth $3,260,000 after acquiring an additional 582 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of Invesco S&P SmallCap Health Care ETF by 4.7% during the third quarter. Bank of America Corp DE now owns 25,983 shares of the company’s stock worth $1,081,000 after purchasing an additional 1,157 shares during the last quarter.

About Invesco S&P SmallCap Health Care ETF

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.