Envestnet Asset Management Inc. Sells 5,834 Shares of Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH)

Envestnet Asset Management Inc. trimmed its holdings in shares of Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) by 24.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 17,956 shares of the company’s stock after selling 5,834 shares during the period. Envestnet Asset Management Inc. owned approximately 0.45% of Invesco S&P SmallCap Health Care ETF worth $795,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PSCH. LPL Financial LLC lifted its holdings in shares of Invesco S&P SmallCap Health Care ETF by 1.0% during the 4th quarter. LPL Financial LLC now owns 56,036 shares of the company’s stock valued at $2,482,000 after buying an additional 529 shares during the period. CIBC Private Wealth Group LLC increased its position in Invesco S&P SmallCap Health Care ETF by 494.4% during the fourth quarter. CIBC Private Wealth Group LLC now owns 642 shares of the company’s stock valued at $30,000 after acquiring an additional 534 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new position in Invesco S&P SmallCap Health Care ETF in the fourth quarter valued at about $31,000. Jones Financial Companies Lllp boosted its position in Invesco S&P SmallCap Health Care ETF by 10.6% in the fourth quarter. Jones Financial Companies Lllp now owns 13,369 shares of the company’s stock worth $592,000 after purchasing an additional 1,276 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC grew its stake in shares of Invesco S&P SmallCap Health Care ETF by 34.0% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 6,918 shares of the company’s stock valued at $306,000 after purchasing an additional 1,757 shares during the period.

Invesco S&P SmallCap Health Care ETF Stock Up 1.2 %

Shares of NASDAQ:PSCH opened at $41.24 on Friday. The stock has a market capitalization of $151.76 million, a PE ratio of 22.91 and a beta of 1.00. The firm’s 50 day moving average price is $41.35 and its 200-day moving average price is $44.49. Invesco S&P SmallCap Health Care ETF has a twelve month low of $36.69 and a twelve month high of $49.05.

Invesco S&P SmallCap Health Care ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.0142 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.