Northwestern Mutual Wealth Management Co. Acquires 669,175 Shares of Invesco S&P SmallCap Information Technology ETF $PSCT

Northwestern Mutual Wealth Management Co. grew its holdings in Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) by 722.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 761,760 shares of the company’s stock after purchasing an additional 669,175 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 13.34% of Invesco S&P SmallCap Information Technology ETF worth $43,123,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Mariner LLC raised its position in shares of Invesco S&P SmallCap Information Technology ETF by 2.9% in the third quarter. Mariner LLC now owns 21,301 shares of the company’s stock valued at $1,131,000 after purchasing an additional 594 shares during the period. Royal Bank of Canada increased its holdings in Invesco S&P SmallCap Information Technology ETF by 29.6% during the 1st quarter. Royal Bank of Canada now owns 24,324 shares of the company’s stock worth $975,000 after acquiring an additional 5,552 shares during the period. Jones Financial Companies Lllp increased its holdings in Invesco S&P SmallCap Information Technology ETF by 783.8% during the 1st quarter. Jones Financial Companies Lllp now owns 13,558 shares of the company’s stock worth $543,000 after acquiring an additional 12,024 shares during the period. Osaic Holdings Inc. increased its holdings in Invesco S&P SmallCap Information Technology ETF by 3.2% during the 2nd quarter. Osaic Holdings Inc. now owns 8,981 shares of the company’s stock worth $415,000 after acquiring an additional 281 shares during the period. Finally, Corient Private Wealth LLC bought a new stake in Invesco S&P SmallCap Information Technology ETF during the 2nd quarter worth approximately $208,000.

Invesco S&P SmallCap Information Technology ETF Trading Down 1.5%

Invesco S&P SmallCap Information Technology ETF stock opened at $77.44 on Tuesday. The firm’s 50 day simple moving average is $67.24 and its 200 day simple moving average is $62.20. The firm has a market capitalization of $466.19 million, a PE ratio of 23.78 and a beta of 1.31. Invesco S&P SmallCap Information Technology ETF has a 1-year low of $41.62 and a 1-year high of $81.26.

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. 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.