Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH – Get Free Report) shares traded up 0.1% during mid-day trading on Thursday. The stock traded as high as $52.70 and last traded at $52.65. Approximately 50,238 shares were traded during mid-day trading, an increase of 152% from the average session volume of 19,916 shares. The stock had previously closed at $52.59.
Invesco S&P SmallCap Health Care ETF Price Performance
The business has a 50 day simple moving average of $54.15 and a 200 day simple moving average of $48.62. The company has a market cap of $182.70 million, a price-to-earnings ratio of 21.94 and a beta of 0.84.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC raised its holdings in Invesco S&P SmallCap Health Care ETF by 828.5% during the 2nd quarter. NewEdge Advisors LLC now owns 3,714 shares of the company’s stock worth $195,000 after purchasing an additional 3,314 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new position in shares of Invesco S&P SmallCap Health Care ETF in the 2nd quarter valued at about $330,000. Western Wealth Management LLC acquired a new stake in shares of Invesco S&P SmallCap Health Care ETF during the 1st quarter worth approximately $49,000. Finally, Parr Mcknight Wealth Management Group LLC acquired a new stake in shares of Invesco S&P SmallCap Health Care ETF during the 1st quarter worth approximately $1,120,000.
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.
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