103,877 Shares in Invesco S&P SmallCap Information Technology ETF $PSCT Acquired by Asset Allocation Strategies LLC

Asset Allocation Strategies LLC acquired a new position in shares of Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) during the 1st quarter, HoldingsChannel.com reports. The firm acquired 103,877 shares of the company’s stock, valued at approximately $6,240,000. Invesco S&P SmallCap Information Technology ETF makes up approximately 1.1% of Asset Allocation Strategies LLC’s investment portfolio, making the stock its 27th biggest holding.

A number of other hedge funds have also recently bought and sold shares of PSCT. Apollon Wealth Management LLC increased its stake in shares of Invesco S&P SmallCap Information Technology ETF by 2.3% in the 4th quarter. Apollon Wealth Management LLC now owns 10,949 shares of the company’s stock valued at $620,000 after buying an additional 244 shares during the period. Mariner LLC raised its position in shares of Invesco S&P SmallCap Information Technology ETF by 1.2% during the fourth quarter. Mariner LLC now owns 21,567 shares of the company’s stock worth $1,221,000 after acquiring an additional 266 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of Invesco S&P SmallCap Information Technology ETF by 3.2% during the second quarter. Osaic Holdings Inc. now owns 8,981 shares of the company’s stock valued at $415,000 after acquiring an additional 281 shares during the period. Eagle Strategies LLC lifted its stake in shares of Invesco S&P SmallCap Information Technology ETF by 3.5% during the fourth quarter. Eagle Strategies LLC now owns 9,428 shares of the company’s stock valued at $534,000 after acquiring an additional 321 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in Invesco S&P SmallCap Information Technology ETF by 37.4% in the fourth quarter. Farther Finance Advisors LLC now owns 1,195 shares of the company’s stock valued at $68,000 after acquiring an additional 325 shares during the last quarter.

Invesco S&P SmallCap Information Technology ETF Price Performance

Invesco S&P SmallCap Information Technology ETF stock opened at $85.90 on Monday. The business’s 50-day simple moving average is $80.57 and its 200 day simple moving average is $67.79. The stock has a market cap of $517.12 million, a price-to-earnings ratio of 23.78 and a beta of 1.34. Invesco S&P SmallCap Information Technology ETF has a 12-month low of $43.83 and a 12-month high of $89.42.

Invesco S&P SmallCap Information Technology ETF Company 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. These are companies that are principally engaged in the business of providing information technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies.