Should You Invest in the Invesco S&P SmallCap Information Technology ETF (PSCT)?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 08 2024
0mins
Source: NASDAQ.COM
Overview of Invesco S&P SmallCap Information Technology ETF (PSCT): Launched in 2010, PSCT is a passively managed ETF that provides diversified exposure to small-cap U.S. technology companies, with low operating expenses of 0.29% and a current asset size of over $313 million.
Performance and Investment Considerations: The ETF has experienced a slight decline of -2.21% recently but is up 8.57% year-to-date; it holds a Zacks ETF Rank of 1 (Strong Buy) and is considered a high-risk investment due to its beta of 1.16 and standard deviation of 25.93%.
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Analyst Views on BMI
Wall Street analysts forecast BMI stock price to rise
7 Analyst Rating
5 Buy
1 Hold
1 Sell
Moderate Buy
Current: 135.380
Low
157.00
Averages
214.86
High
243.00
Current: 135.380
Low
157.00
Averages
214.86
High
243.00
About BMI
Badger Meter, Inc. is a manufacturer and marketer of products incorporating flow measurement, quality, control and other system solutions serving markets worldwide. Its offerings, marketed as BlueEdge, include a suite of tailorable solutions that connect water management technology, software and support services to deliver insights enabling the proactive management of water across the water cycle. Its solutions include measurement and control hardware, connectivity and communication, data visualization and software-delivered actionable insights, and ongoing support to optimize customers' operations. Its measurement and control hardware, instruments and sensors include product families, such as meters that measure the flow of water and other fluids, water quality monitoring solutions and high frequency pressure and acoustic leak detection hardware that provides real-time monitoring data. It offers a range of communication solutions including the ORION branded family of radio endpoints.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Badger Meter Investors Class Action Reminder
- Financial Underperformance: Badger Meter reported disappointing Q2 2025 results with declining revenue growth and margin deterioration, causing a 16.5% drop in stock price to $204.80 on the announcement date, indicating severe financial distress for the company.
- Sales Decline: The Q1 2026 report revealed a 9% year-over-year drop in total sales and a 10% decline in utility water sales, leading to a further 24.1% stock price decrease to $115.54, reflecting market pessimism about the company's future prospects.
- Lawsuit Basis: The class action lawsuit alleges that Badger Meter misled investors by failing to disclose that its financial results were partially due to pulling forward customer orders, which concealed weakening demand and misrepresented the company's operational health, resulting in significant investor losses.
- Investor Action Required: Investors are reminded to file a lead plaintiff motion by August 3, 2026, to pursue claims under federal securities laws, highlighting the legal risks that could further impact the company's stock performance.
See More
Badger Meter Faces Securities Fraud Class Action Lawsuit
- Lawsuit Deadline: Badger Meter, Inc. (NYSE: BMI) faces a securities fraud class action lawsuit with a deadline of August 3, 2026, for investors to submit necessary documents to participate; those who do not participate will remain absent class members and may not receive any recovery.
- Investor Losses: The lawsuit alleges that Badger Meter made materially false and misleading statements to investors between April 18, 2024, and April 16, 2026, resulting in artificially inflated stock prices and significant losses for investors when the truth was revealed.
- Law Firm Background: Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has a strong reputation in investor rights protection, having successfully litigated hundreds of class actions, which underscores its credibility in the legal field.
- Class Action Participation: Investors wishing to serve as lead plaintiffs must file applications by the deadline, although serving as a lead plaintiff is not a requirement for recovery; all legal representation is on a contingency fee basis, meaning investors incur no upfront costs.
See More
Badger Meter Shareholder Investigation Raises Concerns
- Shareholder Investigation Launched: Grabar Law Office is investigating Badger Meter, Inc. (NYSE: BMI) for potential breaches of fiduciary duty by its executives, allowing shareholders who held shares since before April 18, 2024, to seek corporate reforms and fund recovery.
- Financial Performance Under Scrutiny: A recent securities class action alleges that Badger Meter misled investors into believing its strong financial results were due to sustainable demand-driven growth, while in reality, accelerated customer orders masked weakening demand trends.
- Declining Performance Impact: Following a series of disappointing quarterly reports in 2025 and 2026, including slowing revenue growth and declining margins, Badger Meter's stock price plummeted, resulting in significant losses for investors.
- Legal Consequences Expected: Given the allegations of misleading financial data, shareholders may pursue legal action for compensation and governance reforms, which could further impact the company's market credibility and future financing capabilities.
See More
Badger Meter Shareholder Investigation Raises Concerns
- Shareholder Investigation Initiated: Grabar Law Office is investigating whether officers and directors of Badger Meter, Inc. (NYSE:BMI) breached their fiduciary duties, focusing on shareholders who purchased and held shares since April 18, 2024, which could lead to significant governance reforms for the company.
- Financial Performance Under Scrutiny: A recently filed securities fraud class action alleges that Badger Meter's financial results were materially affected by accelerated customer orders, masking weakening demand trends, which misled investors about the company's future growth prospects and could undermine shareholder confidence.
- Significant Stock Price Decline: Following a series of disappointing quarterly announcements in 2025 and 2026, Badger Meter's stock price experienced a substantial drop, reflecting market concerns over the sustainability of its financial performance and potentially exacerbating investor losses.
- Legal Recourse Available: Shareholders holding Badger Meter shares can seek corporate reforms, fund recovery, and court-approved incentive awards, indicating that investors still have legal avenues to protect their interests in the face of potential losses.
See More
Multiple Companies Face Class Action Lawsuits
- Badger Meter Lawsuit: Badger Meter, Inc. is facing allegations that its financial results from April 2024 to April 2026 were distorted due to the premature recognition of customer orders, which concealed weakening demand and could impact the company's future financing capabilities.
- PicS Compliance Issues: PicS N.V. is accused of failing to disclose deficiencies in its credit evaluation procedures prior to its 2026 IPO, leading to the reclassification of approximately R$590 million in exposures and an incremental ECL charge of R$88 million, potentially damaging its market reputation and investor confidence.
- Verra Business Risks: Verra Mobility Corporation's growth strategy for its Commercial Services business is under scrutiny due to its reliance on a contract extension with Avis, with allegations that it downplayed the risk of major rental car companies replacing its services with in-house solutions, making its 2026 performance guidance increasingly unlikely to be met.
- Grail Misleading Statements: Grail, Inc. is accused of failing to accurately reflect potential trends in its clinical trial data, misleading investors about its business prospects, which could adversely affect its future financing and market performance.
See More
Class Action Lawsuit Announced for Badger Meter Investors
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of Badger Meter, Inc. (NYSE:BMI) shareholders who purchased stock between April 18, 2024, and April 16, 2026, alleging the company made materially false and misleading statements that undermined investor confidence.
- Compensation Opportunity: Investors participating in the lawsuit may be entitled to compensation without any out-of-pocket costs, indicating that the legal action could provide financial restitution for affected shareholders, reflecting potential negative impacts on the company's reputation and stock price.
- False Financial Reporting: The lawsuit claims that Badger Meter exaggerated product demand and growth prospects in its financial reports, as it concealed weakening demand by pulling forward customer orders, leading to disappointing future financial results and potentially triggering a crisis of investor trust.
- Legal Counsel Advisory: Rosen Law Firm emphasizes the importance of selecting a law firm with a successful track record, indicating that having the right legal representation is crucial for protecting investor rights in class actions, which may influence future compensation outcomes.
See More
Badger Meter Investors Class Action Reminder
- Financial Underperformance: Badger Meter reported disappointing Q2 2025 results with declining revenue growth and margin deterioration, causing a 16.5% drop in stock price to $204.80 on the announcement date, indicating severe financial distress for the company.
- Sales Decline: The Q1 2026 report revealed a 9% year-over-year drop in total sales and a 10% decline in utility water sales, leading to a further 24.1% stock price decrease to $115.54, reflecting market pessimism about the company's future prospects.
- Lawsuit Basis: The class action lawsuit alleges that Badger Meter misled investors by failing to disclose that its financial results were partially due to pulling forward customer orders, which concealed weakening demand and misrepresented the company's operational health, resulting in significant investor losses.
- Investor Action Required: Investors are reminded to file a lead plaintiff motion by August 3, 2026, to pursue claims under federal securities laws, highlighting the legal risks that could further impact the company's stock performance.
See More
Badger Meter Faces Securities Fraud Class Action Lawsuit
- Lawsuit Deadline: Badger Meter, Inc. (NYSE: BMI) faces a securities fraud class action lawsuit with a deadline of August 3, 2026, for investors to submit necessary documents to participate; those who do not participate will remain absent class members and may not receive any recovery.
- Investor Losses: The lawsuit alleges that Badger Meter made materially false and misleading statements to investors between April 18, 2024, and April 16, 2026, resulting in artificially inflated stock prices and significant losses for investors when the truth was revealed.
- Law Firm Background: Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has a strong reputation in investor rights protection, having successfully litigated hundreds of class actions, which underscores its credibility in the legal field.
- Class Action Participation: Investors wishing to serve as lead plaintiffs must file applications by the deadline, although serving as a lead plaintiff is not a requirement for recovery; all legal representation is on a contingency fee basis, meaning investors incur no upfront costs.
See More
Badger Meter Shareholder Investigation Raises Concerns
- Shareholder Investigation Launched: Grabar Law Office is investigating Badger Meter, Inc. (NYSE: BMI) for potential breaches of fiduciary duty by its executives, allowing shareholders who held shares since before April 18, 2024, to seek corporate reforms and fund recovery.
- Financial Performance Under Scrutiny: A recent securities class action alleges that Badger Meter misled investors into believing its strong financial results were due to sustainable demand-driven growth, while in reality, accelerated customer orders masked weakening demand trends.
- Declining Performance Impact: Following a series of disappointing quarterly reports in 2025 and 2026, including slowing revenue growth and declining margins, Badger Meter's stock price plummeted, resulting in significant losses for investors.
- Legal Consequences Expected: Given the allegations of misleading financial data, shareholders may pursue legal action for compensation and governance reforms, which could further impact the company's market credibility and future financing capabilities.
See More
Badger Meter Shareholder Investigation Raises Concerns
- Shareholder Investigation Initiated: Grabar Law Office is investigating whether officers and directors of Badger Meter, Inc. (NYSE:BMI) breached their fiduciary duties, focusing on shareholders who purchased and held shares since April 18, 2024, which could lead to significant governance reforms for the company.
- Financial Performance Under Scrutiny: A recently filed securities fraud class action alleges that Badger Meter's financial results were materially affected by accelerated customer orders, masking weakening demand trends, which misled investors about the company's future growth prospects and could undermine shareholder confidence.
- Significant Stock Price Decline: Following a series of disappointing quarterly announcements in 2025 and 2026, Badger Meter's stock price experienced a substantial drop, reflecting market concerns over the sustainability of its financial performance and potentially exacerbating investor losses.
- Legal Recourse Available: Shareholders holding Badger Meter shares can seek corporate reforms, fund recovery, and court-approved incentive awards, indicating that investors still have legal avenues to protect their interests in the face of potential losses.
See More
Multiple Companies Face Class Action Lawsuits
- Badger Meter Lawsuit: Badger Meter, Inc. is facing allegations that its financial results from April 2024 to April 2026 were distorted due to the premature recognition of customer orders, which concealed weakening demand and could impact the company's future financing capabilities.
- PicS Compliance Issues: PicS N.V. is accused of failing to disclose deficiencies in its credit evaluation procedures prior to its 2026 IPO, leading to the reclassification of approximately R$590 million in exposures and an incremental ECL charge of R$88 million, potentially damaging its market reputation and investor confidence.
- Verra Business Risks: Verra Mobility Corporation's growth strategy for its Commercial Services business is under scrutiny due to its reliance on a contract extension with Avis, with allegations that it downplayed the risk of major rental car companies replacing its services with in-house solutions, making its 2026 performance guidance increasingly unlikely to be met.
- Grail Misleading Statements: Grail, Inc. is accused of failing to accurately reflect potential trends in its clinical trial data, misleading investors about its business prospects, which could adversely affect its future financing and market performance.
See More
Class Action Lawsuit Announced for Badger Meter Investors
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of Badger Meter, Inc. (NYSE:BMI) shareholders who purchased stock between April 18, 2024, and April 16, 2026, alleging the company made materially false and misleading statements that undermined investor confidence.
- Compensation Opportunity: Investors participating in the lawsuit may be entitled to compensation without any out-of-pocket costs, indicating that the legal action could provide financial restitution for affected shareholders, reflecting potential negative impacts on the company's reputation and stock price.
- False Financial Reporting: The lawsuit claims that Badger Meter exaggerated product demand and growth prospects in its financial reports, as it concealed weakening demand by pulling forward customer orders, leading to disappointing future financial results and potentially triggering a crisis of investor trust.
- Legal Counsel Advisory: Rosen Law Firm emphasizes the importance of selecting a law firm with a successful track record, indicating that having the right legal representation is crucial for protecting investor rights in class actions, which may influence future compensation outcomes.
See More
