Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) Shares Up 0.1% – Here’s What Happened

Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) shares were up 0.1% during mid-day trading on Thursday. The stock traded as high as $52.70 and last traded at $52.65. 50,238 shares traded hands during trading, an increase of 152% from the average daily volume of 19,916 shares. The stock had previously closed at $52.59.

Invesco S&P SmallCap Health Care ETF Stock Up 0.4%

The business has a fifty day moving average of $54.13 and a 200 day moving average of $48.65. The company has a market cap of $183.49 million, a P/E ratio of 21.94 and a beta of 0.84.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in PSCH. Western Wealth Management LLC purchased a new stake in shares of Invesco S&P SmallCap Health Care ETF in the 1st quarter worth about $49,000. NewEdge Advisors LLC increased its position in shares of Invesco S&P SmallCap Health Care ETF by 828.5% during the second quarter. NewEdge Advisors LLC now owns 3,714 shares of the company’s stock valued at $195,000 after buying an additional 3,314 shares during the period. Wealthcare Advisory Partners LLC purchased a new position in shares of Invesco S&P SmallCap Health Care ETF during the second quarter valued at about $330,000. Finally, Parr Mcknight Wealth Management Group LLC bought a new position in Invesco S&P SmallCap Health Care ETF in the first quarter worth about $1,120,000.

Invesco S&P SmallCap Health Care ETF Company 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. These are companies that are principally engaged in the business of providing healthcare-related products and services, including biotechnology, pharmaceuticals, medical technology and supplies, and facilities.