Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Shares Up 0.5% – Here’s What Happened

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) traded up 0.5% on Monday . The stock traded as high as $171.80 and last traded at $171.68. 4,409 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 6,098 shares. The stock had previously closed at $170.75.

Invesco S&P SmallCap Industrials ETF Stock Up 0.5%

The firm has a market capitalization of $171.68 million, a price-to-earnings ratio of 23.47 and a beta of 1.16. The business has a 50-day moving average of $162.48 and a two-hundred day moving average of $157.76.

Invesco S&P SmallCap Industrials ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.2176 dividend. The ex-dividend date was Monday, March 23rd. This represents a $0.87 dividend on an annualized basis and a dividend yield of 0.5%.

Institutional Trading of Invesco S&P SmallCap Industrials ETF

A number of institutional investors and hedge funds have recently modified their holdings of PSCI. JPMorgan Chase & Co. boosted its stake in Invesco S&P SmallCap Industrials ETF by 5.3% during the third quarter. JPMorgan Chase & Co. now owns 2,039 shares of the company’s stock worth $305,000 after buying an additional 103 shares in the last quarter. MML Investors Services LLC raised its stake in shares of Invesco S&P SmallCap Industrials ETF by 6.0% in the 4th quarter. MML Investors Services LLC now owns 4,826 shares of the company’s stock valued at $724,000 after buying an additional 274 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in shares of Invesco S&P SmallCap Industrials ETF in the 3rd quarter valued at $45,000. Private Advisor Group LLC lifted its holdings in shares of Invesco S&P SmallCap Industrials ETF by 6.3% during the 1st quarter. Private Advisor Group LLC now owns 5,977 shares of the company’s stock worth $924,000 after acquiring an additional 356 shares during the period. Finally, Virtu Financial LLC lifted its holdings in shares of Invesco S&P SmallCap Industrials ETF by 7.8% during the 3rd quarter. Virtu Financial LLC now owns 6,882 shares of the company’s stock worth $1,028,000 after acquiring an additional 495 shares during the period.

Invesco S&P SmallCap Industrials ETF Company Profile

PowerShares S&P SmallCap Industrials 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 Industrials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.