Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) Share Price Breaks Above 200 Day Moving Average – What’s Next?

Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) shares crossed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $74.84 and traded as high as $77.20. Invesco S&P SmallCap Information Technology ETF shares last traded at $76.75, with a volume of 41,832 shares.

Invesco S&P SmallCap Information Technology ETF Stock Up 2.4%

The firm has a 50 day moving average price of $78.97 and a 200 day moving average price of $74.99. The stock has a market capitalization of $479.32 million, a PE ratio of 27.27 and a beta of 1.36.

Invesco S&P SmallCap Information Technology ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a dividend of $0.0035 per share. The ex-dividend date was Monday, September 21st. This represents a $0.01 annualized dividend and a yield of 0.0%.

Institutional Investors Weigh In On Invesco S&P SmallCap Information Technology ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Private Advisor Group LLC purchased a new position in Invesco S&P SmallCap Information Technology ETF during the 3rd quarter worth $860,000. Boston Partners purchased a new position in Invesco S&P SmallCap Information Technology ETF during the third quarter worth about $379,000. Voya Investment Management LLC bought a new stake in Invesco S&P SmallCap Information Technology ETF in the 3rd quarter worth about $355,000. Northstar Group Inc. bought a new stake in Invesco S&P SmallCap Information Technology ETF in the 3rd quarter worth about $264,000. Finally, HighTower Advisors LLC purchased a new stake in Invesco S&P SmallCap Information Technology ETF in the 3rd quarter valued at about $311,000.

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. 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.