RiverFront Investment Group LLC Grows Stock Position in Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI)

RiverFront Investment Group LLC lifted its stake in Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) by 6.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 110,803 shares of the company’s stock after purchasing an additional 6,265 shares during the quarter. RiverFront Investment Group LLC owned about 7.86% of Invesco S&P SmallCap Industrials ETF worth $12,848,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in PSCI. Private Trust Co. NA acquired a new stake in shares of Invesco S&P SmallCap Industrials ETF in the third quarter valued at approximately $31,000. Valley National Advisers Inc. acquired a new stake in shares of Invesco S&P SmallCap Industrials ETF in the fourth quarter valued at approximately $137,000. Cookson Peirce & Co. Inc. acquired a new stake in shares of Invesco S&P SmallCap Industrials ETF in the fourth quarter valued at approximately $225,000. Stratos Wealth Partners LTD. acquired a new stake in shares of Invesco S&P SmallCap Industrials ETF in the fourth quarter valued at approximately $225,000. Finally, Harbor Capital Advisors Inc. increased its holdings in shares of Invesco S&P SmallCap Industrials ETF by 5.6% in the third quarter. Harbor Capital Advisors Inc. now owns 5,559 shares of the company’s stock valued at $553,000 after purchasing an additional 296 shares during the last quarter.

Invesco S&P SmallCap Industrials ETF Price Performance

Shares of NASDAQ:PSCI traded up $0.54 during midday trading on Friday, hitting $121.38. The company had a trading volume of 4,352 shares, compared to its average volume of 8,008. The business’s 50-day simple moving average is $121.65 and its 200-day simple moving average is $112.63. The stock has a market cap of $185.71 million, a price-to-earnings ratio of 17.69 and a beta of 1.24. Invesco S&P SmallCap Industrials ETF has a twelve month low of $89.22 and a twelve month high of $127.62.

Invesco S&P SmallCap Industrials ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a dividend of $0.1799 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.72 annualized dividend and a yield of 0.59%.

About Invesco S&P SmallCap Industrials ETF

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.