Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) Trading Up 1.7%

Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) shot up 1.7% during mid-day trading on Thursday . The stock traded as high as $94.67 and last traded at $94.47, 400 shares changed hands during mid-day trading. A decline of 97% from the average session volume of 13,128 shares. The stock had previously closed at $92.93.

The company’s 50-day moving average price is $92.44 and its 200-day moving average price is $85.96.

A number of hedge funds have recently modified their holdings of the business. Envestnet Asset Management Inc. raised its stake in Invesco S&P SmallCap Information Technology ETF by 3.8% during the third quarter. Envestnet Asset Management Inc. now owns 4,608 shares of the company’s stock worth $395,000 after purchasing an additional 168 shares during the period. McGuire Investment Group LLC raised its stake in shares of Invesco S&P SmallCap Information Technology ETF by 6.2% in the 3rd quarter. McGuire Investment Group LLC now owns 4,009 shares of the company’s stock valued at $344,000 after acquiring an additional 235 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Invesco S&P SmallCap Information Technology ETF by 21.1% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,323 shares of the company’s stock valued at $278,000 after acquiring an additional 580 shares during the period. LPL Financial LLC raised its stake in shares of Invesco S&P SmallCap Information Technology ETF by 3.1% in the 2nd quarter. LPL Financial LLC now owns 19,609 shares of the company’s stock valued at $1,640,000 after acquiring an additional 595 shares during the period. Finally, Scotia Capital Inc. raised its stake in shares of Invesco S&P SmallCap Information Technology ETF by 24.7% in the 2nd quarter. Scotia Capital Inc. now owns 3,958 shares of the company’s stock valued at $331,000 after acquiring an additional 784 shares during the period.

Invesco S&P SmallCap Information Technology ETF Company Profile (NASDAQ:PSCT)

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.

Further Reading: What is a Buy-Side Analyst?

Receive News & Ratings for Invesco S&P SmallCap Information Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P SmallCap Information Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.