Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) shares traded down 0.7% during mid-day trading on Monday . The company traded as low as $6.08 and last traded at $6.10, 19,443 shares were traded during mid-day trading. A decline of 22% from the average session volume of 24,945 shares. The stock had previously closed at $6.14.
The stock has a fifty day simple moving average of $6.42 and a 200-day simple moving average of $7.53.
Several hedge funds have recently modified their holdings of PSCE. AXA grew its stake in shares of Invesco S&P SmallCap Energy ETF by 13.0% in the second quarter. AXA now owns 24,950 shares of the company’s stock worth $225,000 after acquiring an additional 2,880 shares during the last quarter. Morgan Stanley increased its position in Invesco S&P SmallCap Energy ETF by 23.9% during the second quarter. Morgan Stanley now owns 53,700 shares of the company’s stock worth $484,000 after acquiring an additional 10,376 shares during the period. Finally, Citadel Advisors LLC increased its position in Invesco S&P SmallCap Energy ETF by 304.8% during the second quarter. Citadel Advisors LLC now owns 113,452 shares of the company’s stock worth $1,021,000 after acquiring an additional 85,425 shares during the period.
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.
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