Opinicus Capital Inc. Takes $202,000 Position in Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT)

Opinicus Capital Inc. purchased a new stake in Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,195 shares of the company’s stock, valued at approximately $202,000.

A number of other institutional investors and hedge funds have also made changes to their positions in PSCT. Commonwealth Equity Services LLC increased its stake in Invesco S&P SmallCap Information Technology ETF by 196.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 9,803 shares of the company’s stock worth $429,000 after buying an additional 6,493 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in Invesco S&P SmallCap Information Technology ETF by 200.7% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 22,457 shares of the company’s stock worth $983,000 after buying an additional 14,990 shares during the period. Raymond James & Associates increased its stake in Invesco S&P SmallCap Information Technology ETF by 187.2% during the 3rd quarter. Raymond James & Associates now owns 28,096 shares of the company’s stock worth $1,230,000 after buying an additional 18,314 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in Invesco S&P SmallCap Information Technology ETF by 185.5% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 14,380 shares of the company’s stock worth $629,000 after buying an additional 9,343 shares during the period. Finally, Total Clarity Wealth Management Inc. increased its stake in Invesco S&P SmallCap Information Technology ETF by 224.9% during the 3rd quarter. Total Clarity Wealth Management Inc. now owns 6,128 shares of the company’s stock worth $268,000 after buying an additional 4,242 shares during the period.

Invesco S&P SmallCap Information Technology ETF Trading Up 1.7 %

PSCT traded up $0.76 during trading hours on Friday, hitting $44.45. 5,999 shares of the company’s stock were exchanged, compared to its average volume of 19,656. Invesco S&P SmallCap Information Technology ETF has a 12-month low of $38.54 and a 12-month high of $50.24. The firm has a 50 day moving average of $45.43 and a 200 day moving average of $44.97. The firm has a market cap of $309.82 million, a P/E ratio of 6.74 and a beta of 1.22.

Invesco S&P SmallCap Information Technology ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were given a $0.0048 dividend. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.04%. The ex-dividend date of this dividend was Monday, March 18th.

Invesco S&P SmallCap Information Technology ETF Company 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.