Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Stock Price Up 1.9% – Still a Buy?

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI)’s share price rose 1.9% during trading on Tuesday . The company traded as high as $186.10 and last traded at $185.99. 2,721 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 5,268 shares. The stock had previously closed at $182.55.

Invesco S&P SmallCap Industrials ETF Stock Performance

The company has a market cap of $197.15 million, a PE ratio of 23.47 and a beta of 1.14. The company has a fifty day moving average of $177.63 and a two-hundred day moving average of $169.70.

Invesco S&P SmallCap Industrials ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.196 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.78 dividend on an annualized basis and a yield of 0.4%.

Institutional Investors Weigh In On Invesco S&P SmallCap Industrials ETF

Several institutional investors have recently made changes to their positions in the company. Jane Street Group LLC bought a new stake in shares of Invesco S&P SmallCap Industrials ETF during the 1st quarter worth approximately $802,000. Envestnet Asset Management Inc. bought a new position in Invesco S&P SmallCap Industrials ETF in the 3rd quarter valued at $213,000. JPMorgan Chase & Co. grew its position in Invesco S&P SmallCap Industrials ETF by 5.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,039 shares of the company’s stock valued at $305,000 after acquiring an additional 103 shares during the last quarter. Virtu Financial LLC increased its stake in Invesco S&P SmallCap Industrials ETF by 7.8% in the third quarter. Virtu Financial LLC now owns 6,882 shares of the company’s stock worth $1,028,000 after purchasing an additional 495 shares during the period. Finally, Bank of America Corp DE increased its stake in Invesco S&P SmallCap Industrials ETF by 3.5% in 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 period.

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.