LPL Financial LLC Sells 2,385 Shares of Invesco S&P SmallCap Health Care ETF $PSCH

LPL Financial LLC decreased its position in Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) by 4.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,651 shares of the company’s stock after selling 2,385 shares during the quarter. LPL Financial LLC owned approximately 1.46% of Invesco S&P SmallCap Health Care ETF worth $2,322,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of Montreal Can bought a new position in Invesco S&P SmallCap Health Care ETF during the 4th quarter valued at approximately $31,000. Kessler Investment Group LLC increased its stake in shares of Invesco S&P SmallCap Health Care ETF by 16.6% during the first quarter. Kessler Investment Group LLC now owns 2,753 shares of the company’s stock valued at $119,000 after buying an additional 391 shares during the period. GAMMA Investing LLC raised its holdings in shares of Invesco S&P SmallCap Health Care ETF by 4,228.3% during the first quarter. GAMMA Investing LLC now owns 5,194 shares of the company’s stock valued at $2,250,000 after acquiring an additional 5,074 shares in the last quarter. Cetera Investment Advisers purchased a new stake in Invesco S&P SmallCap Health Care ETF in the first quarter worth $499,000. Finally, Citadel Advisors LLC increased its position in Invesco S&P SmallCap Health Care ETF by 25.9% during the 4th quarter. Citadel Advisors LLC now owns 14,502 shares of the company’s stock valued at $642,000 after purchasing an additional 2,981 shares during the period.

Invesco S&P SmallCap Health Care ETF Trading Down 0.2%

NASDAQ:PSCH opened at $40.02 on Tuesday. The company has a 50-day moving average price of $39.57 and a 200-day moving average price of $41.28. The stock has a market cap of $135.67 million, a price-to-earnings ratio of 21.94 and a beta of 1.00. Invesco S&P SmallCap Health Care ETF has a 12 month low of $36.69 and a 12 month high of $49.05.

Invesco S&P SmallCap Health Care ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, June 23rd were given a dividend of $0.002 per share. This represents a $0.01 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend was Monday, June 23rd.

Invesco S&P SmallCap Health Care ETF 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.