Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Trading 1.5% Higher – Time to Buy?

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCEGet Free Report) traded up 1.5% on Wednesday . The company traded as high as $64.71 and last traded at $64.33. 25,590 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 37,560 shares. The stock had previously closed at $63.38.

Invesco S&P SmallCap Energy ETF Stock Up 1.5%

The stock’s 50-day moving average price is $58.32 and its 200-day moving average price is $58.83. The company has a market capitalization of $110.00 million, a price-to-earnings ratio of 9.69 and a beta of 0.75.

Invesco S&P SmallCap Energy ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a $0.4104 dividend. This represents a $1.64 annualized dividend and a yield of 2.6%. The ex-dividend date was Monday, June 22nd.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PSCE. Cetera Investment Advisers acquired a new stake in shares of Invesco S&P SmallCap Energy ETF in the 4th quarter valued at $204,000. Osaic Holdings Inc. raised its position in shares of Invesco S&P SmallCap Energy ETF by 47.1% during the second quarter. Osaic Holdings Inc. now owns 5,742 shares of the company’s stock worth $223,000 after acquiring an additional 1,839 shares during the last quarter. Walkner Condon Financial Advisors LLC lifted its stake in shares of Invesco S&P SmallCap Energy ETF by 15.8% during the first quarter. Walkner Condon Financial Advisors LLC now owns 5,796 shares of the company’s stock valued at $343,000 after acquiring an additional 790 shares during the period. Parr Mcknight Wealth Management Group LLC acquired a new position in shares of Invesco S&P SmallCap Energy ETF during the first quarter valued at $457,000. Finally, First Growth Capital LLC acquired a new position in shares of Invesco S&P SmallCap Energy ETF during the fourth quarter valued at $375,000.

Invesco S&P SmallCap Energy ETF Company Profile

(Get Free Report)

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.

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