Syon Capital LLC Invests $4.17 Million in Invesco S&P SmallCap Information Technology ETF $PSCT

Syon Capital LLC acquired a new stake in shares of Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) during the second quarter, Holdings Channel reports. The institutional investor acquired 45,165 shares of the company’s stock, valued at approximately $4,174,000.

Several other hedge funds have also recently made changes to their positions in the company. Ocean Park Asset Management LLC acquired a new stake in Invesco S&P SmallCap Information Technology ETF during the 2nd quarter worth about $243,000. Fulcrum Equity Management increased its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 30.4% in the second quarter. Fulcrum Equity Management now owns 4,706 shares of the company’s stock valued at $435,000 after purchasing an additional 1,098 shares during the period. Worth Asset Management LLC purchased a new position in shares of Invesco S&P SmallCap Information Technology ETF in the second quarter worth about $434,000. Sandy Cove Advisors LLC purchased a new position in shares of Invesco S&P SmallCap Information Technology ETF in the second quarter worth about $222,000. Finally, LFG Wealth Partners LLC lifted its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 1.8% during the first quarter. LFG Wealth Partners LLC now owns 28,059 shares of the company’s stock worth $1,686,000 after purchasing an additional 490 shares during the period.

Invesco S&P SmallCap Information Technology ETF Stock Up 1.4%

Shares of NASDAQ PSCT opened at $77.28 on Friday. The business’s 50 day moving average price is $81.17 and its 200 day moving average price is $75.08. The firm has a market cap of $483 million, a P/E ratio of 23.78 and a beta of 1.32. Invesco S&P SmallCap Information Technology ETF has a 52 week low of $47.99 and a 52 week high of $92.45.

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. 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.