Amica Mutual Insurance Co. Invests $577,000 in Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT)

Amica Mutual Insurance Co. purchased a new stake in Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) during the 4th quarter, Holdings Channel.com reports. The fund purchased 11,950 shares of the company’s stock, valued at approximately $577,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 200.0% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 621 shares of the company’s stock valued at $27,000 after purchasing an additional 414 shares during the period. PNC Financial Services Group Inc. raised its position in Invesco S&P SmallCap Information Technology ETF by 200.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 799 shares of the company’s stock worth $35,000 after buying an additional 533 shares during the last quarter. Addison Advisors LLC lifted its stake in shares of Invesco S&P SmallCap Information Technology ETF by 200.0% in the 3rd quarter. Addison Advisors LLC now owns 876 shares of the company’s stock worth $38,000 after acquiring an additional 584 shares during the period. Baker Avenue Asset Management LP boosted its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 200.0% in the third quarter. Baker Avenue Asset Management LP now owns 1,038 shares of the company’s stock valued at $45,000 after acquiring an additional 692 shares in the last quarter. Finally, CVA Family Office LLC acquired a new position in shares of Invesco S&P SmallCap Information Technology ETF during the fourth quarter worth about $53,000.

Invesco S&P SmallCap Information Technology ETF Stock Up 0.7 %

NASDAQ PSCT traded up $0.31 during trading hours on Monday, hitting $44.76. 30,453 shares of the stock were exchanged, compared to its average volume of 19,786. The stock has a 50-day moving average of $45.37 and a 200 day moving average of $44.98. Invesco S&P SmallCap Information Technology ETF has a 12-month low of $38.54 and a 12-month high of $50.24. The company has a market cap of $311.98 million, a price-to-earnings ratio of 6.74 and a beta of 1.22.

Invesco S&P SmallCap Information Technology ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a $0.0048 dividend. The ex-dividend date was Monday, March 18th. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.04%.

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.