Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Shares Up 0.1% – Here’s What Happened

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF)’s stock price traded up 0.1% during trading on Monday. The company traded as high as $61.54 and last traded at $61.5530. Approximately 234 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 3,842 shares. The stock had previously closed at $61.50.

Invesco S&P SmallCap Financials ETF Price Performance

The company has a 50-day moving average of $65.19 and a 200 day moving average of $63.23. The company has a market cap of $27.30 million, a PE ratio of 15.25 and a beta of 0.96.

Invesco S&P SmallCap Financials ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a $0.3868 dividend. This represents a $1.55 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, September 21st. This is a positive change from Invesco S&P SmallCap Financials ETF’s previous quarterly dividend of $0.3128.

Hedge Funds Weigh In On Invesco S&P SmallCap Financials ETF

An institutional investor recently bought a new stake in Invesco S&P SmallCap Financials ETF stock. Envestnet Asset Management Inc. purchased a new stake in shares of Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 9,826 shares of the company’s stock, valued at approximately $639,000. Envestnet Asset Management Inc. owned 2.18% of Invesco S&P SmallCap Financials ETF as of its most recent filing with the SEC.

About Invesco S&P SmallCap Financials ETF

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).