Gladstone Institutional Advisory LLC Buys Shares of 20,635 Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT)

Gladstone Institutional Advisory LLC bought a new stake in shares of Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 20,635 shares of the company’s stock, valued at approximately $996,000.

Several other institutional investors and hedge funds also recently bought and sold shares of PSCT. Cary Street Partners Investment Advisory LLC grew its stake in Invesco S&P SmallCap Information Technology ETF by 200.0% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 621 shares of the company’s stock valued at $27,000 after acquiring an additional 414 shares in the last quarter. PNC Financial Services Group Inc. grew its stake 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 valued at $35,000 after acquiring an additional 533 shares in the last quarter. Addison Advisors LLC grew its stake in Invesco S&P SmallCap Information Technology ETF by 200.0% during the 3rd quarter. Addison Advisors LLC now owns 876 shares of the company’s stock valued at $38,000 after acquiring an additional 584 shares in the last quarter. Kessler Investment Group LLC grew its stake in Invesco S&P SmallCap Information Technology ETF by 605.4% during the 4th quarter. Kessler Investment Group LLC now owns 783 shares of the company’s stock valued at $38,000 after acquiring an additional 672 shares in the last quarter. Finally, Baker Avenue Asset Management LP grew its stake in shares of Invesco S&P SmallCap Information Technology ETF by 200.0% in the 3rd quarter. Baker Avenue Asset Management LP now owns 1,038 shares of the company’s stock valued at $45,000 after buying an additional 692 shares in the last quarter.

Invesco S&P SmallCap Information Technology ETF Stock Performance

Shares of NASDAQ PSCT opened at $47.60 on Wednesday. The stock has a market cap of $331.77 million, a price-to-earnings ratio of 7.20 and a beta of 1.22. The business has a 50 day simple moving average of $45.36 and a 200 day simple moving average of $45.64. Invesco S&P SmallCap Information Technology ETF has a 52 week low of $38.54 and a 52 week high of $50.24.

Invesco S&P SmallCap Information Technology ETF Announces Dividend

The company 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 of this dividend was Monday, March 18th. This represents a $0.02 annualized dividend and a dividend yield of 0.04%.

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.