Avantax Advisory Services Inc. Trims Stock Position in Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT)

Avantax Advisory Services Inc. cut its stake in Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) by 2.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,267 shares of the company’s stock after selling 642 shares during the period. Avantax Advisory Services Inc. owned about 0.43% of Invesco S&P SmallCap Information Technology ETF worth $1,349,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PSCT. Cassaday & Co Wealth Management LLC purchased a new stake in Invesco S&P SmallCap Information Technology ETF in the third quarter valued at $287,000. Baltimore Washington Financial Advisors Inc. purchased a new stake in Invesco S&P SmallCap Information Technology ETF in the third quarter valued at $985,000. FMR LLC lifted its position in Invesco S&P SmallCap Information Technology ETF by 19.4% in the third quarter. FMR LLC now owns 3,652 shares of the company’s stock valued at $175,000 after acquiring an additional 594 shares during the last quarter. Jane Street Group LLC lifted its position in Invesco S&P SmallCap Information Technology ETF by 81.1% in the third quarter. Jane Street Group LLC now owns 9,138 shares of the company’s stock valued at $438,000 after acquiring an additional 4,092 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in Invesco S&P SmallCap Information Technology ETF by 2.3% in the third quarter. MML Investors Services LLC now owns 16,817 shares of the company’s stock valued at $805,000 after acquiring an additional 375 shares during the last quarter.

Invesco S&P SmallCap Information Technology ETF Stock Performance

Shares of NASDAQ:PSCT opened at $42.10 on Wednesday. The company has a 50-day simple moving average of $46.03 and a 200-day simple moving average of $47.33. Invesco S&P SmallCap Information Technology ETF has a one year low of $40.20 and a one year high of $51.74. The stock has a market capitalization of $260.57 million, a price-to-earnings ratio of 25.89 and a beta of 1.19.

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.