Baltimore Washington Financial Advisors Inc. Makes New Investment in Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT)

Baltimore Washington Financial Advisors Inc. acquired a new position in shares of Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 20,569 shares of the company’s stock, valued at approximately $985,000. Baltimore Washington Financial Advisors Inc. owned 0.31% of Invesco S&P SmallCap Information Technology ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in PSCT. Thurston Springer Miller Herd & Titak Inc. bought a new position in Invesco S&P SmallCap Information Technology ETF during the 2nd quarter worth $43,000. Narus Financial Partners LLC increased its stake in shares of Invesco S&P SmallCap Information Technology ETF by 3.0% in the 2nd quarter. Narus Financial Partners LLC now owns 55,946 shares of the company’s stock valued at $2,613,000 after purchasing an additional 1,607 shares during the last quarter. Private Advisor Group LLC bought a new position in shares of Invesco S&P SmallCap Information Technology ETF in the 2nd quarter valued at $921,000. PFG Investments LLC increased its stake in shares of Invesco S&P SmallCap Information Technology ETF by 9.3% in the 2nd quarter. PFG Investments LLC now owns 5,288 shares of the company’s stock valued at $247,000 after purchasing an additional 450 shares during the last quarter. Finally, Oppenheimer & Co. Inc. increased its stake in shares of Invesco S&P SmallCap Information Technology ETF by 2.6% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 39,062 shares of the company’s stock valued at $1,824,000 after purchasing an additional 984 shares during the last quarter.

Invesco S&P SmallCap Information Technology ETF Stock Performance

Shares of PSCT opened at $49.73 on Friday. Invesco S&P SmallCap Information Technology ETF has a 52-week low of $41.88 and a 52-week high of $51.39. The business’s fifty day moving average is $47.52 and its 200-day moving average is $47.05. The firm has a market cap of $331.70 million, a price-to-earnings ratio of 7.20 and a beta of 1.22.

About Invesco S&P SmallCap Information Technology ETF

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.