Touchstone Capital Inc. Invests $16.20 Million in Invesco Global Listed Private Equity ETF $PSP

Touchstone Capital Inc. purchased a new stake in shares of Invesco Global Listed Private Equity ETF (NYSEARCA:PSP) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 234,679 shares of the company’s stock, valued at approximately $16,198,000. Invesco Global Listed Private Equity ETF comprises about 8.3% of Touchstone Capital Inc.’s investment portfolio, making the stock its 2nd largest position. Touchstone Capital Inc. owned about 4.80% of Invesco Global Listed Private Equity ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Montreal Can bought a new stake in Invesco Global Listed Private Equity ETF during the second quarter worth about $41,000. Ameritas Advisory Services LLC bought a new position in shares of Invesco Global Listed Private Equity ETF in the second quarter valued at approximately $47,000. Private Trust Co. NA boosted its holdings in shares of Invesco Global Listed Private Equity ETF by 137.8% in the 3rd quarter. Private Trust Co. NA now owns 932 shares of the company’s stock worth $64,000 after acquiring an additional 540 shares in the last quarter. MAI Capital Management grew its position in Invesco Global Listed Private Equity ETF by 38.1% during the 2nd quarter. MAI Capital Management now owns 1,843 shares of the company’s stock worth $127,000 after acquiring an additional 508 shares during the last quarter. Finally, Corundum Trust Company INC bought a new stake in Invesco Global Listed Private Equity ETF during the 3rd quarter worth approximately $140,000. 70.39% of the stock is currently owned by institutional investors and hedge funds.

Invesco Global Listed Private Equity ETF Price Performance

PSP stock opened at $68.35 on Wednesday. The business has a fifty day moving average price of $66.71 and a 200 day moving average price of $68.87. Invesco Global Listed Private Equity ETF has a fifty-two week low of $53.60 and a fifty-two week high of $72.97. The stock has a market capitalization of $320.56 million, a price-to-earnings ratio of 14.07 and a beta of 1.33.

Invesco Global Listed Private Equity ETF Company Profile

PowerShares Global Listed Private Equity Portfolio (the Fund) is based on the Global Listed Private Equity Index (Index). The Fund focuses to invest at least 90% of its total assets in securities, which may include American depository receipts (ADRs) and global depository receipts (GDRs), which comprises the Index. The Index includes between 40 and 60 publicly listed private equity companies, including business development companies and other financial institutions or vehicles whose principal business is to invest in and lend capital to privately held companies.