Parr Mcknight Wealth Management Group LLC Acquires New Stake in Invesco S&P SmallCap Energy ETF $PSCE

Parr Mcknight Wealth Management Group LLC purchased a new stake in shares of Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 10,366 shares of the company’s stock, valued at approximately $597,000.

Other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new position in Invesco S&P SmallCap Energy ETF during the third quarter valued at $178,000. First Growth Capital LLC raised its stake in shares of Invesco S&P SmallCap Energy ETF by 7.4% in the first quarter. First Growth Capital LLC now owns 9,371 shares of the company’s stock valued at $554,000 after acquiring an additional 649 shares during the period. Finally, Kestra Advisory Services LLC lifted its holdings in shares of Invesco S&P SmallCap Energy ETF by 1.0% in the 1st quarter. Kestra Advisory Services LLC now owns 16,178 shares of the company’s stock worth $986,000 after acquiring an additional 159 shares during the last quarter.

Invesco S&P SmallCap Energy ETF Trading Down 7.9%

Shares of NASDAQ:PSCE opened at $52.09 on Thursday. The company has a market capitalization of $90.64 million, a price-to-earnings ratio of 12.78 and a beta of 0.84. Invesco S&P SmallCap Energy ETF has a 12 month low of $41.14 and a 12 month high of $65.26. The firm’s 50-day moving average is $60.31 and its 200 day moving average is $58.32.

Invesco S&P SmallCap Energy ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a $0.4107 dividend. The ex-dividend date was Monday, September 21st. This is a positive change from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.4104. This represents a $1.64 annualized dividend and a dividend yield of 3.2%.

Invesco S&P SmallCap Energy ETF Company Profile

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.