McGuire Investment Group LLC Has $588,000 Position in Invesco S&P SmallCap Health Care ETF $PSCH

McGuire Investment Group LLC cut its holdings in shares of Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) by 15.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,670 shares of the company’s stock after selling 2,627 shares during the quarter. McGuire Investment Group LLC’s holdings in Invesco S&P SmallCap Health Care ETF were worth $588,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in PSCH. Greykasell Wealth Strategies Inc. acquired a new position in shares of Invesco S&P SmallCap Health Care ETF during the 1st quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P SmallCap Health Care ETF by 1,752.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,612 shares of the company’s stock worth $113,000 after acquiring an additional 2,471 shares during the last quarter. Kessler Investment Group LLC increased its holdings in shares of Invesco S&P SmallCap Health Care ETF by 16.6% during the 1st quarter. Kessler Investment Group LLC now owns 2,753 shares of the company’s stock worth $119,000 after acquiring an additional 391 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new position in shares of Invesco S&P SmallCap Health Care ETF during the 1st quarter worth approximately $477,000. Finally, Cetera Investment Advisers acquired a new position in shares of Invesco S&P SmallCap Health Care ETF during the 1st quarter worth approximately $499,000.

Invesco S&P SmallCap Health Care ETF Trading Up 1.1%

PSCH stock opened at $42.07 on Thursday. The firm has a market capitalization of $142.62 million, a PE ratio of 21.94 and a beta of 1.00. Invesco S&P SmallCap Health Care ETF has a 1-year low of $36.69 and a 1-year high of $49.05. The business’s 50 day simple moving average is $40.25 and its 200 day simple moving average is $40.41.

Invesco S&P SmallCap Health Care ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a $0.0026 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $0.01 dividend on an annualized basis and a yield of 0.0%. This is a positive change from Invesco S&P SmallCap Health Care ETF’s previous quarterly dividend of $0.00.

Invesco S&P SmallCap Health Care ETF Profile

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.