Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Shares Climb 0.1% – Here’s Why

Shares of Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF – Get Free Report) traded up 0.1% during trading on Monday. The stock traded as high as $61.54 and last traded at $61.5530. Approximately 234 shares changed hands during trading, a decline of 94% from the average daily volume of 3,842 shares. The stock had previously closed at $61.50.

Invesco S&P SmallCap Financials ETF Price Performance

The stock has a market capitalization of $27.70 million, a P/E ratio of 15.25 and a beta of 0.96. The stock’s fifty day moving average is $65.32 and its two-hundred day moving average is $63.20.

Invesco S&P SmallCap Financials ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a dividend of $0.3868 per share. This is a boost from Invesco S&P SmallCap Financials ETF’s previous quarterly dividend of $0.3128. The ex-dividend date was Monday, September 21st. This represents a $1.55 dividend on an annualized basis and a dividend yield of 2.5%.

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

A hedge fund recently bought a new stake in Invesco S&P SmallCap Financials ETF stock. Envestnet Asset Management Inc. bought a new position in shares of Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 9,826 shares of the company’s stock, valued at approximately $639,000. Envestnet Asset Management Inc. owned 2.18% of Invesco S&P SmallCap Financials ETF as of its most recent SEC filing.

About Invesco S&P SmallCap Financials ETF

(Get Free Report)

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).

Further Reading

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