Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI – Get Free Report)’s share price was down 1.5% on Friday. The company traded as low as $161.87 and last traded at $162.91. Approximately 4,987 shares changed hands during trading, a decline of 61% from the average daily volume of 12,785 shares. The stock had previously closed at $165.42.
Invesco S&P SmallCap Industrials ETF Trading Down 1.5%
The stock has a fifty day simple moving average of $165.06 and a two-hundred day simple moving average of $169.20. The firm has a market cap of $166.17 million, a PE ratio of 23.47 and a beta of 1.15.
Invesco S&P SmallCap Industrials ETF Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a $0.2063 dividend. This is an increase from Invesco S&P SmallCap Industrials ETF’s previous quarterly dividend of $0.1960. This represents a $0.83 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, September 21st.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Parr Mcknight Wealth Management Group LLC lifted its stake in Invesco S&P SmallCap Industrials ETF by 2.2% in the third quarter. Parr Mcknight Wealth Management Group LLC now owns 10,952 shares of the company’s stock worth $1,747,000 after acquiring an additional 240 shares during the period. Valley National Advisers Inc. purchased a new stake in shares of Invesco S&P SmallCap Industrials ETF during the 3rd quarter worth about $135,000. Independent Wealth Network Inc. raised its position in Invesco S&P SmallCap Industrials ETF by 8.5% during the third quarter. Independent Wealth Network Inc. now owns 4,776 shares of the company’s stock worth $762,000 after acquiring an additional 375 shares during the period. Congress Asset Management Co. acquired a new stake in shares of Invesco S&P SmallCap Industrials ETF in the third quarter worth approximately $3,676,000. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Invesco S&P SmallCap Industrials ETF by 30.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,824 shares of the company’s stock worth $1,084,000 after buying an additional 1,355 shares during the last quarter.
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.
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