Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) Stock Price Up 0.4% – Here’s What Happened

Shares of Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) traded up 0.4% during trading on Friday . The company traded as high as $43.17 and last traded at $43.11. 7,460 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 14,046 shares. The stock had previously closed at $42.92.

Invesco S&P SmallCap Health Care ETF Trading Up 0.4%

The company has a market capitalization of $142.26 million, a price-to-earnings ratio of 21.94 and a beta of 0.91. The business’s 50 day moving average price is $44.57 and its two-hundred day moving average price is $42.94.

Institutional Trading of Invesco S&P SmallCap Health Care ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P SmallCap Health Care ETF by 83,257.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 117,534 shares of the company’s stock worth $5,179,000 after buying an additional 117,393 shares in the last quarter. G&S Capital LLC bought a new stake in Invesco S&P SmallCap Health Care ETF during the 3rd quarter worth $3,054,000. Harbor Capital Advisors Inc. bought a new stake in Invesco S&P SmallCap Health Care ETF during the 4th quarter worth $1,692,000. Hohimer Wealth Management LLC acquired a new position in Invesco S&P SmallCap Health Care ETF in the 4th quarter worth about $1,048,000. Finally, Montecito Bank & Trust bought a new position in Invesco S&P SmallCap Health Care ETF in the third quarter valued at about $925,000.

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.