Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Shares Up 0.3% – What’s Next?

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF)’s stock price shot up 0.3% on Friday . The stock traded as high as $65.82 and last traded at $65.71. 1,828 shares were traded during trading, a decline of 51% from the average daily volume of 3,706 shares. The stock had previously closed at $65.53.

Invesco S&P SmallCap Financials ETF Trading Up 0.3%

The stock has a market cap of $26.94 million, a price-to-earnings ratio of 15.25 and a beta of 0.93. The stock has a fifty day simple moving average of $62.83 and a 200-day simple moving average of $60.47.

Invesco S&P SmallCap Financials ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a $0.3128 dividend. This represents a $1.25 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, June 22nd.

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

Several hedge funds and other institutional investors have recently modified their holdings of PSCF. Parr Mcknight Wealth Management Group LLC bought a new position in Invesco S&P SmallCap Financials ETF during the first quarter worth $2,293,000. Hohimer Wealth Management LLC bought a new stake in Invesco S&P SmallCap Financials ETF in the 4th quarter valued at $661,000. Goldman Sachs Group Inc. bought a new stake in Invesco S&P SmallCap Financials ETF in the 1st quarter valued at $220,000. Harbor Capital Advisors Inc. grew its position in Invesco S&P SmallCap Financials ETF by 4.9% in the 4th quarter. Harbor Capital Advisors Inc. now owns 32,850 shares of the company’s stock worth $1,889,000 after purchasing an additional 1,545 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its position in Invesco S&P SmallCap Financials ETF by 13.5% in the 3rd quarter. Tower Research Capital LLC TRC now owns 10,635 shares of the company’s stock worth $610,000 after purchasing an additional 1,263 shares during the last quarter.

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).