Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Trading Down 0% – Time to Sell?

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE)’s share price fell 0% during trading on Thursday . The company traded as low as $46.05 and last traded at $46.81. 21,008 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 37,811 shares. The stock had previously closed at $46.82.

Invesco S&P SmallCap Energy ETF Stock Down 0.0%

The stock has a market capitalization of $69.28 million, a P/E ratio of 9.69 and a beta of 1.00. The business has a fifty day moving average price of $43.90 and a 200-day moving average price of $42.15.

Invesco S&P SmallCap Energy ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.295 per share. The ex-dividend date was Monday, December 22nd. This represents a $1.18 annualized dividend and a yield of 2.5%. This is an increase from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.24.

Institutional Trading of Invesco S&P SmallCap Energy ETF

A number of large investors have recently made changes to their positions in PSCE. Farther Finance Advisors LLC purchased a new position in shares of Invesco S&P SmallCap Energy ETF during the third quarter valued at approximately $68,000. Atlantic Union Bankshares Corp bought a new stake in Invesco S&P SmallCap Energy ETF in the 2nd quarter worth approximately $147,000. Kazazian Asset Management LLC bought a new stake in Invesco S&P SmallCap Energy ETF in the 3rd quarter worth approximately $213,000. Walkner Condon Financial Advisors LLC purchased a new stake in Invesco S&P SmallCap Energy ETF during the 3rd quarter valued at $236,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of Invesco S&P SmallCap Energy ETF by 47.1% during the 2nd quarter. Osaic Holdings Inc. now owns 5,742 shares of the company’s stock valued at $223,000 after buying an additional 1,839 shares during the period.

About Invesco S&P SmallCap Energy ETF

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.