Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Shares Cross Below 200 Day Moving Average – Here’s Why

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) shares passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $58.24 and traded as low as $56.83. Invesco S&P SmallCap Energy ETF shares last traded at $56.83, with a volume of 33,935 shares changing hands.

Invesco S&P SmallCap Energy ETF Stock Performance

The company has a 50-day simple moving average of $60.59 and a 200-day simple moving average of $58.24. The company has a market cap of $98.88 million, a price-to-earnings ratio of 9.69 and a beta of 0.85.

Invesco S&P SmallCap Energy ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were paid a $0.4107 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.9%. This is a boost from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.4104. The ex-dividend date was Monday, September 21st.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC acquired a new stake in Invesco S&P SmallCap Energy ETF in the third quarter valued at $781,000. Parr Mcknight Wealth Management Group LLC acquired a new position in shares of Invesco S&P SmallCap Energy ETF during the 3rd quarter worth $597,000. Farther Finance Advisors LLC acquired a new position in shares of Invesco S&P SmallCap Energy ETF during the 3rd quarter worth $178,000. Walkner Condon Financial Advisors LLC grew its stake in shares of Invesco S&P SmallCap Energy ETF by 15.8% during the 1st quarter. Walkner Condon Financial Advisors LLC now owns 5,796 shares of the company’s stock worth $343,000 after purchasing an additional 790 shares during the period. Finally, First Growth Capital LLC increased its holdings in shares of Invesco S&P SmallCap Energy ETF by 7.4% in the 1st quarter. First Growth Capital LLC now owns 9,371 shares of the company’s stock valued at $554,000 after purchasing an additional 649 shares in the last quarter.

Invesco S&P SmallCap Energy ETF Company Profile

PowerShares S&P SmallCap Energy 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 Energy Index (the Underlying Index). The Underlying Index consists of common stocks of the United States energy companies that are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil-based energy.