Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM – Get Free Report) traded up 0.1% during mid-day trading on Friday . The company traded as high as $85.40 and last traded at $84.96. 868 shares were traded during mid-day trading, a decline of 5% from the average session volume of 909 shares. The stock had previously closed at $84.90.
Invesco S&P SmallCap Materials ETF Trading Up 0.1%
The company has a market capitalization of $13.59 million, a price-to-earnings ratio of 17.06 and a beta of 1.15. The stock’s fifty day simple moving average is $78.53 and its 200-day simple moving average is $75.89.
Institutional Investors Weigh In On Invesco S&P SmallCap Materials ETF
Several large investors have recently bought and sold shares of PSCM. Citadel Advisors LLC purchased a new stake in shares of Invesco S&P SmallCap Materials ETF during the 3rd quarter worth $243,000. Virtu Financial LLC grew its position in shares of Invesco S&P SmallCap Materials ETF by 13.6% in the 3rd quarter. Virtu Financial LLC now owns 16,393 shares of the company’s stock valued at $1,272,000 after buying an additional 1,963 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Invesco S&P SmallCap Materials ETF during the second quarter worth about $53,000. Finally, Signet Financial Management LLC increased its position in Invesco S&P SmallCap Materials ETF by 4.5% during the second quarter. Signet Financial Management LLC now owns 4,786 shares of the company’s stock worth $329,000 after buying an additional 205 shares during the period.
About Invesco S&P SmallCap Materials ETF
PowerShares S&P SmallCap Materials Portfolio (the Fund) is based on the S&P SmallCap 600 Capped Materials Index (Index). The Index is designed to measure the overall performance of common stocks of United States basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals. The Index is a subset of the S&P SmallCap 600 Index, which is a float-adjusted, market capitalization-weighted index reflecting the United States small-cap market.
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