Parr Mcknight Wealth Management Group LLC Makes New Investment in Invesco S&P SmallCap Industrials ETF $PSCI

Parr Mcknight Wealth Management Group LLC purchased a new position in shares of Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) during the 1st quarter, HoldingsChannel.com reports. The fund purchased 10,002 shares of the company’s stock, valued at approximately $1,547,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE increased its position in Invesco S&P SmallCap Industrials ETF by 3.5% during the third quarter. Bank of America Corp DE now owns 155,500 shares of the company’s stock worth $23,238,000 after purchasing an additional 5,226 shares during the last quarter. Bank of Montreal Can boosted its holdings in Invesco S&P SmallCap Industrials ETF by 4.1% in the 4th quarter. Bank of Montreal Can now owns 30,724 shares of the company’s stock valued at $4,673,000 after purchasing an additional 1,224 shares during the last quarter. LPL Financial LLC boosted its holdings in Invesco S&P SmallCap Industrials ETF by 7.2% in the 4th quarter. LPL Financial LLC now owns 21,992 shares of the company’s stock valued at $3,301,000 after purchasing an additional 1,482 shares during the last quarter. Osaic Holdings Inc. grew its stake in shares of Invesco S&P SmallCap Industrials ETF by 10.5% in the 4th quarter. Osaic Holdings Inc. now owns 18,635 shares of the company’s stock valued at $2,797,000 after buying an additional 1,778 shares during the period. Finally, Susquehanna International Group LLP grew its stake in shares of Invesco S&P SmallCap Industrials ETF by 67.1% in the 3rd quarter. Susquehanna International Group LLP now owns 8,114 shares of the company’s stock valued at $1,213,000 after buying an additional 3,258 shares during the period.

Invesco S&P SmallCap Industrials ETF Price Performance

Shares of NASDAQ PSCI opened at $176.79 on Tuesday. The company has a 50 day simple moving average of $174.45 and a 200-day simple moving average of $167.08. The company has a market capitalization of $182.09 million, a P/E ratio of 23.47 and a beta of 1.14. Invesco S&P SmallCap Industrials ETF has a 1 year low of $136.18 and a 1 year high of $186.90.

Invesco S&P SmallCap Industrials ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a $0.196 dividend. This represents a $0.78 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, June 22nd.

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.