Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) Shares Down 0.6%

Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT)’s stock price dropped 0.6% on Tuesday . The stock traded as low as $46.99 and last traded at $47.30. Approximately 15,474 shares traded hands during trading, a decline of 28% from the average daily volume of 21,627 shares. The stock had previously closed at $47.60.

Invesco S&P SmallCap Information Technology ETF Stock Performance

The firm has a market cap of $326.37 million, a PE ratio of 7.20 and a beta of 1.22. The firm’s 50-day moving average price is $47.02 and its two-hundred day moving average price is $46.37.

Invesco S&P SmallCap Information Technology ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were given a dividend of $0.0011 per share. The ex-dividend date was Monday, June 24th. This represents a $0.00 annualized dividend and a dividend yield of 0.01%.

Institutional Trading of Invesco S&P SmallCap Information Technology ETF

Several institutional investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC lifted its position in shares of Invesco S&P SmallCap Information Technology ETF by 2.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 13,056 shares of the company’s stock worth $606,000 after buying an additional 292 shares during the last quarter. PFG Investments LLC raised its position in Invesco S&P SmallCap Information Technology ETF by 9.3% in the 2nd quarter. PFG Investments LLC now owns 5,288 shares of the company’s stock valued at $247,000 after purchasing an additional 450 shares during the last quarter. Steward Partners Investment Advisory LLC raised its position in Invesco S&P SmallCap Information Technology ETF by 6.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 8,295 shares of the company’s stock valued at $400,000 after purchasing an additional 492 shares during the last quarter. Kessler Investment Group LLC raised its position in Invesco S&P SmallCap Information Technology ETF by 605.4% in the 4th quarter. Kessler Investment Group LLC now owns 783 shares of the company’s stock valued at $38,000 after purchasing an additional 672 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its position in Invesco S&P SmallCap Information Technology ETF by 2.6% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 30,163 shares of the company’s stock valued at $1,400,000 after purchasing an additional 761 shares during the last quarter.

Invesco S&P SmallCap Information Technology ETF Company 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.