IFP Advisors Inc Boosts Stake in Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT)

IFP Advisors Inc increased its stake in Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) by 0.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 68,492 shares of the company’s stock after acquiring an additional 464 shares during the period. IFP Advisors Inc’s holdings in Invesco S&P SmallCap Information Technology ETF were worth $3,269,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Narus Financial Partners LLC grew its position in Invesco S&P SmallCap Information Technology ETF by 46.7% during the fourth quarter. Narus Financial Partners LLC now owns 89,698 shares of the company’s stock valued at $4,281,000 after acquiring an additional 28,561 shares during the last quarter. Baltimore Washington Financial Advisors Inc. bought a new stake in shares of Invesco S&P SmallCap Information Technology ETF in the 3rd quarter worth approximately $985,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of Invesco S&P SmallCap Information Technology ETF in the 3rd quarter valued at $287,000. Compass Capital Corp MA ADV bought a new position in shares of Invesco S&P SmallCap Information Technology ETF during the 4th quarter valued at $277,000. Finally, Jane Street Group LLC raised its position in Invesco S&P SmallCap Information Technology ETF by 81.1% in the 3rd quarter. Jane Street Group LLC now owns 9,138 shares of the company’s stock worth $438,000 after purchasing an additional 4,092 shares during the period.

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

Invesco S&P SmallCap Information Technology ETF stock opened at $44.54 on Tuesday. The firm has a fifty day simple moving average of $48.03 and a two-hundred day simple moving average of $47.80. Invesco S&P SmallCap Information Technology ETF has a twelve month low of $41.88 and a twelve month high of $51.74. The company has a market capitalization of $291.74 million, a PE ratio of 7.20 and a beta of 1.22.

About Invesco S&P SmallCap Information Technology ETF

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.