Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Trading 2.6% Higher – Here’s What Happened

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCEGet Free Report) traded up 2.6% on Monday . The company traded as high as $60.48 and last traded at $60.31. 19,238 shares were traded during mid-day trading, a decline of 58% from the average session volume of 45,661 shares. The stock had previously closed at $58.77.

Invesco S&P SmallCap Energy ETF Stock Performance

The business has a 50 day moving average price of $60.73 and a two-hundred day moving average price of $53.63. The company has a market cap of $115.70 million, a P/E ratio of 9.69 and a beta of 0.71.

Invesco S&P SmallCap Energy ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.3347 dividend. This is a boost from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $1.34 dividend on an annualized basis and a dividend yield of 2.2%.

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

A number of hedge funds and other institutional investors have recently modified their holdings of PSCE. Hohimer Wealth Management LLC bought a new stake in shares of Invesco S&P SmallCap Energy ETF in the 4th quarter valued at about $409,000. First Growth Capital LLC bought a new stake in shares of Invesco S&P SmallCap Energy ETF in the 4th quarter valued at about $375,000. Parr Mcknight Wealth Management Group LLC bought a new stake in shares of Invesco S&P SmallCap Energy ETF in the 1st quarter valued at about $457,000. Kazazian Asset Management LLC bought a new stake in shares of Invesco S&P SmallCap Energy ETF in the 3rd quarter valued at about $213,000. Finally, Cetera Investment Advisers bought a new position in Invesco S&P SmallCap Energy ETF during the 4th quarter valued at approximately $204,000.

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.

See Also

Receive News & Ratings for Invesco S&P SmallCap Energy 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 Energy ETF and related companies with MarketBeat.com's FREE daily email newsletter.