Octavia Wealth Advisors LLC Acquires New Stake in Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH)

Octavia Wealth Advisors LLC bought a new stake in Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 23,462 shares of the company’s stock, valued at approximately $1,004,000. Octavia Wealth Advisors LLC owned 0.44% of Invesco S&P SmallCap Health Care ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. lifted its holdings in Invesco S&P SmallCap Health Care ETF by 162.7% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 704 shares of the company’s stock worth $26,000 after purchasing an additional 436 shares in the last quarter. Patriot Investment Management Group Inc. bought a new stake in Invesco S&P SmallCap Health Care ETF during the 4th quarter worth approximately $34,000. PNC Financial Services Group Inc. boosted its holdings in Invesco S&P SmallCap Health Care ETF by 200.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,008 shares of the company’s stock valued at $38,000 after purchasing an additional 672 shares during the period. Global Retirement Partners LLC bought a new position in shares of Invesco S&P SmallCap Health Care ETF in the fourth quarter worth $38,000. Finally, Riggs Asset Managment Co. Inc. raised its position in shares of Invesco S&P SmallCap Health Care ETF by 200.0% in the third quarter. Riggs Asset Managment Co. Inc. now owns 1,140 shares of the company’s stock worth $43,000 after buying an additional 760 shares in the last quarter.

Invesco S&P SmallCap Health Care ETF Trading Down 0.1 %

Shares of PSCH traded down $0.06 during midday trading on Tuesday, reaching $40.95. The stock had a trading volume of 3,978 shares, compared to its average volume of 20,908. The company has a market capitalization of $208.44 million, a price-to-earnings ratio of 5.63 and a beta of 1.00. The company’s 50-day moving average is $42.62 and its 200 day moving average is $40.24. Invesco S&P SmallCap Health Care ETF has a 12-month low of $34.71 and a 12-month high of $45.48.

Invesco S&P SmallCap Health Care ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a $0.0361 dividend. The ex-dividend date was Monday, March 18th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.35%.

About Invesco S&P SmallCap Health Care ETF

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.