Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) Trading Down 1%

Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT – Get Rating) shares dropped 1% on Wednesday . The stock traded as low as $130.08 and last traded at $130.67. Approximately 2,596 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 4,108 shares. The stock had previously closed at $131.96.

Invesco S&P SmallCap Information Technology ETF Stock Up 3.5 %

The firm has a fifty day simple moving average of $123.95 and a 200-day simple moving average of $127.15. The company has a market capitalization of $329.11 million, a P/E ratio of 16.22 and a beta of 1.22.

Institutional Investors Weigh In On Invesco S&P SmallCap Information Technology ETF

Large investors have recently modified their holdings of the business. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 3.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 7,061 shares of the company’s stock valued at $984,000 after buying an additional 212 shares during the period. Flow Traders U.S. LLC boosted its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 124.2% in the first quarter. Flow Traders U.S. LLC now owns 6,678 shares of the company’s stock valued at $931,000 after buying an additional 3,700 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 1,105.2% in the first quarter. Goldman Sachs Group Inc. now owns 41,340 shares of the company’s stock valued at $5,762,000 after buying an additional 37,910 shares during the period. FMR LLC boosted its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 26.4% in the second quarter. FMR LLC now owns 848 shares of the company’s stock valued at $98,000 after buying an additional 177 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Invesco S&P SmallCap Information Technology ETF in the second quarter valued at about $2,189,000.

About Invesco S&P SmallCap Information Technology ETF

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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.