Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Stock Price Down 0.3% – Here’s What Happened

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCFGet Free Report)’s stock price traded down 0.3% during trading on Wednesday . The stock traded as low as $68.00 and last traded at $68.07. Approximately 1,106 shares were traded during trading, a decline of 72% from the average daily volume of 3,991 shares. The stock had previously closed at $68.30.

Invesco S&P SmallCap Financials ETF Price Performance

The stock has a 50-day simple moving average of $64.84 and a 200 day simple moving average of $61.55. The company has a market capitalization of $27.91 million, a PE ratio of 15.25 and a beta of 0.93.

Invesco S&P SmallCap Financials ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.3128 per share. This represents a $1.25 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Investors Weigh In On Invesco S&P SmallCap Financials ETF

A number of large investors have recently added to or reduced their stakes in PSCF. Parr Mcknight Wealth Management Group LLC acquired a new stake in Invesco S&P SmallCap Financials ETF in the 1st quarter valued at about $2,293,000. Hohimer Wealth Management LLC purchased a new stake in shares of Invesco S&P SmallCap Financials ETF in the fourth quarter valued at about $661,000. Tower Research Capital LLC TRC lifted its holdings in shares of Invesco S&P SmallCap Financials ETF by 13.5% in the third quarter. Tower Research Capital LLC TRC now owns 10,635 shares of the company’s stock valued at $610,000 after purchasing an additional 1,263 shares in the last quarter. Virtu Financial LLC grew its position in shares of Invesco S&P SmallCap Financials ETF by 4.4% in the fourth quarter. Virtu Financial LLC now owns 7,214 shares of the company’s stock valued at $415,000 after purchasing an additional 306 shares during the last quarter. Finally, LPL Financial LLC grew its position in shares of Invesco S&P SmallCap Financials ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 5,472 shares of the company’s stock valued at $315,000 after purchasing an additional 306 shares during the last quarter.

About Invesco S&P SmallCap Financials ETF

(Get Free Report)

PowerShares S&P SmallCap Financials Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped Financials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States financial service companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Underlying Index is compiled, maintained and calculated by Standard & Poor’s Financial Services LLC (Standard & Poor’s).

Further Reading

Receive News & Ratings for Invesco S&P SmallCap Financials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P SmallCap Financials ETF and related companies with MarketBeat.com's FREE daily email newsletter.