Meritage Portfolio Management Takes Position in Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH)

Meritage Portfolio Management acquired a new stake in shares of Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 5,809 shares of the company’s stock, valued at approximately $685,000.

Other large investors also recently made changes to their positions in the company. Stephens Inc. AR purchased a new position in Invesco S&P SmallCap Health Care ETF during the first quarter valued at $2,646,000. Advisor Group Inc. raised its stake in Invesco S&P SmallCap Health Care ETF by 173.7% during the first quarter. Advisor Group Inc. now owns 31,785 shares of the company’s stock valued at $3,671,000 after buying an additional 20,172 shares during the last quarter. SeaCrest Wealth Management LLC raised its stake in Invesco S&P SmallCap Health Care ETF by 7.7% during the second quarter. SeaCrest Wealth Management LLC now owns 1,879 shares of the company’s stock valued at $222,000 after buying an additional 135 shares during the last quarter. Stifel Financial Corp raised its stake in Invesco S&P SmallCap Health Care ETF by 43.7% during the fourth quarter. Stifel Financial Corp now owns 2,968 shares of the company’s stock valued at $325,000 after buying an additional 903 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its stake in Invesco S&P SmallCap Health Care ETF by 26.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 10,835 shares of the company’s stock valued at $1,252,000 after buying an additional 2,240 shares during the last quarter.

NASDAQ:PSCH traded down $1.24 during trading hours on Friday, reaching $117.12. 10,615 shares of the company traded hands, compared to its average volume of 63,052. The firm has a 50-day moving average price of $116.49. Invesco S&P SmallCap Health Care ETF has a 1 year low of $100.41 and a 1 year high of $145.25.

Invesco S&P SmallCap Health Care ETF Profile

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.

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Institutional Ownership by Quarter for Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH)

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