Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Shares Down 0% – Here’s What Happened

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI)’s share price fell 0% on Monday . The company traded as low as $165.01 and last traded at $165.28. 1,714 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 5,763 shares. The stock had previously closed at $165.29.

Invesco S&P SmallCap Industrials ETF Price Performance

The stock’s 50 day moving average price is $162.89 and its two-hundred day moving average price is $159.90. The firm has a market capitalization of $165.72 million, a price-to-earnings ratio of 23.47 and a beta of 1.17.

Invesco S&P SmallCap Industrials ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a dividend of $0.2176 per share. This represents a $0.87 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, March 23rd.

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

Several large investors have recently bought and sold shares of the stock. Bank of America Corp DE raised its stake in Invesco S&P SmallCap Industrials ETF by 3.9% during the 1st quarter. Bank of America Corp DE now owns 161,114 shares of the company’s stock valued at $24,913,000 after purchasing an additional 6,005 shares during the last quarter. Parr Mcknight Wealth Management Group LLC acquired a new position in Invesco S&P SmallCap Industrials ETF during the 1st quarter valued at $1,547,000. Private Advisor Group LLC raised its stake in Invesco S&P SmallCap Industrials ETF by 6.3% during the 1st quarter. Private Advisor Group LLC now owns 5,977 shares of the company’s stock valued at $924,000 after purchasing an additional 356 shares during the last quarter. Independent Wealth Network Inc. acquired a new position in Invesco S&P SmallCap Industrials ETF during the 1st quarter valued at $835,000. Finally, Osaic Holdings Inc. raised its stake in Invesco S&P SmallCap Industrials ETF by 10.5% during the 4th quarter. Osaic Holdings Inc. now owns 18,635 shares of the company’s stock valued at $2,797,000 after purchasing an additional 1,778 shares during the last quarter.

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. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.