Invesco S&P SmallCap Information Technology ETF $PSCT Shares Newly Purchased by Independent Wealth Network Inc.

Independent Wealth Network Inc. purchased a new stake in shares of Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) in the third quarter, according to its most recent filing with the SEC. The firm purchased 10,329 shares of the company’s stock, valued at approximately $835,000. Independent Wealth Network Inc. owned 0.16% of Invesco S&P SmallCap Information Technology ETF at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of PSCT. NFSG Corp acquired a new stake in shares of Invesco S&P SmallCap Information Technology ETF in the 3rd quarter worth approximately $36,000. Toth Financial Advisory Corp purchased a new stake in Invesco S&P SmallCap Information Technology ETF during the third quarter worth $95,000. Sandy Cove Advisors LLC acquired a new stake in Invesco S&P SmallCap Information Technology ETF in the second quarter valued at $222,000. Ocean Park Asset Management LLC purchased a new position in shares of Invesco S&P SmallCap Information Technology ETF in the second quarter valued at $243,000. Finally, Kessler Investment Group LLC increased its position in shares of Invesco S&P SmallCap Information Technology ETF by 76.6% in the third quarter. Kessler Investment Group LLC now owns 4,052 shares of the company’s stock valued at $327,000 after buying an additional 1,757 shares in the last quarter.

Invesco S&P SmallCap Information Technology ETF Trading Up 2.4%

Shares of NASDAQ:PSCT traded up $1.81 during midday trading on Monday, hitting $76.94. 15,653 shares of the stock were exchanged, compared to its average volume of 35,785. The stock has a market cap of $505.50 million, a P/E ratio of 23.78 and a beta of 1.32. Invesco S&P SmallCap Information Technology ETF has a twelve month low of $51.14 and a twelve month high of $92.45. The company has a 50 day moving average price of $79.63 and a 200-day moving average price of $79.14.

Invesco S&P SmallCap Information Technology ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a $0.0035 dividend. This represents a $0.01 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Monday, September 21st.

Invesco S&P SmallCap Information Technology ETF Profile

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. These are companies that are principally engaged in the business of providing information technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies.