Montecito Bank & Trust Acquires 20,543 Shares of Invesco S&P SmallCap Health Care ETF $PSCH

Montecito Bank & Trust acquired a new stake in shares of Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 20,543 shares of the company’s stock, valued at approximately $1,070,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Western Wealth Management LLC acquired a new position in Invesco S&P SmallCap Health Care ETF in the 1st quarter valued at about $49,000. NewEdge Advisors LLC boosted its stake in shares of Invesco S&P SmallCap Health Care ETF by 828.5% during the 2nd quarter. NewEdge Advisors LLC now owns 3,714 shares of the company’s stock worth $195,000 after purchasing an additional 3,314 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in shares of Invesco S&P SmallCap Health Care ETF during the 2nd quarter worth about $330,000. Finally, Parr Mcknight Wealth Management Group LLC purchased a new stake in shares of Invesco S&P SmallCap Health Care ETF during the first quarter worth about $1,120,000.

Invesco S&P SmallCap Health Care ETF Trading Down 1.5%

Shares of NASDAQ PSCH traded down $0.79 during midday trading on Thursday, reaching $51.28. 12,734 shares of the stock were exchanged, compared to its average volume of 19,938. The stock has a 50 day moving average price of $54.11 and a 200-day moving average price of $48.95. The company has a market capitalization of $176.40 million, a P/E ratio of 21.94 and a beta of 0.84. Invesco S&P SmallCap Health Care ETF has a 52-week low of $39.08 and a 52-week high of $56.45.

Invesco S&P SmallCap Health Care ETF Company Profile

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.