Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Shares Down 0.3% – Time to Sell?

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF)’s stock price traded down 0.3% during trading on Wednesday . The stock traded as low as $68.00 and last traded at $68.07. 1,106 shares were traded during trading, a decline of 72% from the average session volume of 3,991 shares. The stock had previously closed at $68.30.

Invesco S&P SmallCap Financials ETF Price Performance

The business’s fifty day moving average price is $64.95 and its two-hundred day moving average price is $61.60. The stock has a market capitalization of $27.36 million, a PE ratio of 15.25 and a beta of 0.93.

Invesco S&P SmallCap Financials ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.3128 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.25 dividend on an annualized basis and a yield of 1.9%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Parr Mcknight Wealth Management Group LLC purchased a new position in shares of Invesco S&P SmallCap Financials ETF during the first quarter worth $2,293,000. Hohimer Wealth Management LLC purchased a new stake in Invesco S&P SmallCap Financials ETF in the fourth quarter valued at $661,000. Goldman Sachs Group Inc. purchased a new stake in Invesco S&P SmallCap Financials ETF in the first quarter valued at $220,000. Tower Research Capital LLC TRC grew its position in Invesco S&P SmallCap Financials ETF by 13.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 10,635 shares of the company’s stock worth $610,000 after purchasing an additional 1,263 shares during the period. Finally, Virtu Financial LLC grew its position in Invesco S&P SmallCap Financials ETF by 21.6% during the 3rd quarter. Virtu Financial LLC now owns 6,908 shares of the company’s stock worth $396,000 after purchasing an additional 1,229 shares during the period.

About Invesco S&P SmallCap Financials ETF

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).