Royal Bank of Canada Sells 22,715 Shares of Invesco S&P SmallCap Information Technology ETF $PSCT

Royal Bank of Canada trimmed its position in shares of Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) by 44.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,752 shares of the company’s stock after selling 22,715 shares during the quarter. Royal Bank of Canada owned 0.48% of Invesco S&P SmallCap Information Technology ETF worth $1,727,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of PSCT. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P SmallCap Information Technology ETF by 722.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 761,760 shares of the company’s stock valued at $43,123,000 after purchasing an additional 669,175 shares during the period. Bank of America Corp DE lifted its stake in shares of Invesco S&P SmallCap Information Technology ETF by 3.0% in the 3rd quarter. Bank of America Corp DE now owns 305,901 shares of the company’s stock worth $16,238,000 after purchasing an additional 8,908 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Invesco S&P SmallCap Information Technology ETF by 232.1% in the first quarter. Cetera Investment Advisers now owns 124,215 shares of the company’s stock worth $7,462,000 after buying an additional 86,813 shares during the last quarter. Asset Allocation Strategies LLC purchased a new position in shares of Invesco S&P SmallCap Information Technology ETF in the first quarter worth approximately $6,240,000. Finally, Texas Yale Capital Corp. grew its position in Invesco S&P SmallCap Information Technology ETF by 4.5% during the fourth quarter. Texas Yale Capital Corp. now owns 97,185 shares of the company’s stock valued at $5,501,000 after buying an additional 4,174 shares during the period.

Invesco S&P SmallCap Information Technology ETF Price Performance

Shares of Invesco S&P SmallCap Information Technology ETF stock opened at $80.03 on Wednesday. The stock has a market capitalization of $500.19 million, a PE ratio of 23.78 and a beta of 1.33. Invesco S&P SmallCap Information Technology ETF has a 1-year low of $45.59 and a 1-year high of $92.45. The company’s fifty day simple moving average is $83.10 and its 200-day simple moving average is $73.71.

Invesco S&P SmallCap Information Technology ETF 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.