JPMorgan Chase & Co. Decreases Position in Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH)

JPMorgan Chase & Co. reduced its stake in Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) by 66.9% during the 3rd quarter, Holdings Channel reports. The fund owned 1,830 shares of the company’s stock after selling 3,693 shares during the period. JPMorgan Chase & Co.’s holdings in Invesco S&P SmallCap Health Care ETF were worth $84,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jane Street Group LLC purchased a new position in Invesco S&P SmallCap Health Care ETF during the third quarter worth about $592,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P SmallCap Health Care ETF by 153.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 8,122 shares of the company’s stock valued at $346,000 after buying an additional 4,915 shares in the last quarter. Valeo Financial Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap Health Care ETF in the third quarter valued at about $208,000. Gladstone Institutional Advisory LLC grew its stake in shares of Invesco S&P SmallCap Health Care ETF by 7.2% in the third quarter. Gladstone Institutional Advisory LLC now owns 5,161 shares of the company’s stock valued at $238,000 after buying an additional 345 shares in the last quarter. Finally, Kessler Investment Group LLC grew its stake in shares of Invesco S&P SmallCap Health Care ETF by 1,320.1% in the third quarter. Kessler Investment Group LLC now owns 3,607 shares of the company’s stock valued at $167,000 after buying an additional 3,353 shares in the last quarter.

Invesco S&P SmallCap Health Care ETF Stock Down 1.2 %

Shares of NASDAQ PSCH opened at $47.03 on Tuesday. Invesco S&P SmallCap Health Care ETF has a fifty-two week low of $39.95 and a fifty-two week high of $49.05. The business has a 50 day moving average price of $46.25 and a two-hundred day moving average price of $45.77. The firm has a market cap of $187.18 million, a PE ratio of 5.83 and a beta of 1.00.

Invesco S&P SmallCap Health Care ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.018 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.