Amica Mutual Insurance Co. Makes New Investment in Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT)

Amica Mutual Insurance Co. bought a new position in shares of Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 11,950 shares of the company’s stock, valued at approximately $577,000. Amica Mutual Insurance Co. owned 0.17% of Invesco S&P SmallCap Information Technology ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC grew its stake in Invesco S&P SmallCap Information Technology ETF by 196.2% in the third quarter. Commonwealth Equity Services LLC now owns 9,803 shares of the company’s stock worth $429,000 after purchasing an additional 6,493 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in Invesco S&P SmallCap Information Technology ETF by 200.7% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 22,457 shares of the company’s stock valued at $983,000 after acquiring an additional 14,990 shares during the period. Raymond James & Associates boosted its stake in Invesco S&P SmallCap Information Technology ETF by 187.2% during the third quarter. Raymond James & Associates now owns 28,096 shares of the company’s stock worth $1,230,000 after acquiring an additional 18,314 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in Invesco S&P SmallCap Information Technology ETF by 185.5% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 14,380 shares of the company’s stock worth $629,000 after acquiring an additional 9,343 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. grew its holdings in Invesco S&P SmallCap Information Technology ETF by 224.9% in the third quarter. Total Clarity Wealth Management Inc. now owns 6,128 shares of the company’s stock worth $268,000 after purchasing an additional 4,242 shares during the period.

Invesco S&P SmallCap Information Technology ETF Stock Performance

Shares of PSCT traded up $0.31 during mid-day trading on Monday, reaching $44.76. The company had a trading volume of 30,453 shares, compared to its average volume of 19,786. The company has a market capitalization of $311.98 million, a price-to-earnings ratio of 6.74 and a beta of 1.22. The firm has a 50-day moving average price of $45.37 and a 200 day moving average price of $44.98. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a $0.0048 dividend. This represents a $0.02 annualized dividend and a yield of 0.04%. The ex-dividend date of this dividend was Monday, March 18th.

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.