Northwestern Mutual Wealth Management Co. Buys 117,393 Shares of Invesco S&P SmallCap Health Care ETF $PSCH

Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) by 83,257.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 117,534 shares of the company’s stock after purchasing an additional 117,393 shares during the period. Northwestern Mutual Wealth Management Co. owned about 3.54% of Invesco S&P SmallCap Health Care ETF worth $5,179,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wiser Advisor Group LLC bought a new stake in Invesco S&P SmallCap Health Care ETF during the 3rd quarter worth approximately $76,000. Register Financial Advisors LLC bought a new stake in Invesco S&P SmallCap Health Care ETF during the 4th quarter worth approximately $81,000. Park Avenue Securities LLC increased its holdings in Invesco S&P SmallCap Health Care ETF by 32.9% during the 4th quarter. Park Avenue Securities LLC now owns 6,783 shares of the company’s stock worth $299,000 after purchasing an additional 1,681 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Invesco S&P SmallCap Health Care ETF during the 2nd quarter worth approximately $312,000. Finally, Jones Financial Companies Lllp grew its holdings in shares of Invesco S&P SmallCap Health Care ETF by 18.1% in the first quarter. Jones Financial Companies Lllp now owns 15,788 shares of the company’s stock valued at $683,000 after acquiring an additional 2,419 shares in the last quarter.

Invesco S&P SmallCap Health Care ETF Stock Down 0.8%

PSCH stock opened at $44.73 on Friday. The firm has a market cap of $129.27 million, a PE ratio of 21.94 and a beta of 0.88. The business has a 50 day moving average of $42.89 and a 200-day moving average of $43.68. Invesco S&P SmallCap Health Care ETF has a 12-month low of $37.45 and a 12-month high of $46.58.

Invesco S&P SmallCap Health Care ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a $0.0003 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $0.00 annualized dividend and a dividend yield of 0.0%.

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. These are companies that are principally engaged in the business of providing healthcare-related products and services, including biotechnology, pharmaceuticals, medical technology and supplies, and facilities.