Invesco S&P SmallCap Information Technology ETF $PSCT Position Lessened by Cresset Asset Management LLC

Cresset Asset Management LLC decreased its stake in Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) by 10.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,457 shares of the company’s stock after selling 1,199 shares during the period. Cresset Asset Management LLC owned 0.18% of Invesco S&P SmallCap Information Technology ETF worth $419,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Ameriprise Financial Inc. lifted its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 19.2% in the 4th quarter. Ameriprise Financial Inc. now owns 26,114 shares of the company’s stock worth $1,255,000 after purchasing an additional 4,198 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of Invesco S&P SmallCap Information Technology ETF in the 1st quarter worth approximately $265,000. GAMMA Investing LLC lifted its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 3,907.8% in the 1st quarter. GAMMA Investing LLC now owns 5,170 shares of the company’s stock worth $2,070,000 after purchasing an additional 5,041 shares during the last quarter. Eagle Strategies LLC bought a new stake in shares of Invesco S&P SmallCap Information Technology ETF in the 4th quarter worth approximately $262,000. Finally, Narus Financial Partners LLC lifted its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 8.1% in the 1st quarter. Narus Financial Partners LLC now owns 96,975 shares of the company’s stock worth $3,887,000 after purchasing an additional 7,277 shares during the last quarter.

Invesco S&P SmallCap Information Technology ETF Trading Up 4.5%

Shares of NASDAQ PSCT opened at $48.24 on Monday. The stock’s 50 day simple moving average is $46.36 and its 200 day simple moving average is $43.38. The company has a market cap of $273.52 million, a price-to-earnings ratio of 23.78 and a beta of 1.22. Invesco S&P SmallCap Information Technology ETF has a 12-month low of $33.16 and a 12-month high of $51.74.

Invesco S&P SmallCap Information Technology ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, June 23rd were paid a dividend of $0.0091 per share. This represents a $0.04 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, June 23rd. This is an increase from Invesco S&P SmallCap Information Technology ETF’s previous quarterly dividend of $0.00.

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.