Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Trading 1.2% Higher

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) traded up 1.2% on Wednesday . The stock traded as high as $46.94 and last traded at $46.24. 657 shares traded hands during trading, a decline of 68% from the average session volume of 2,036 shares. The stock had previously closed at $45.68.

Invesco S&P SmallCap Financials ETF Stock Up 1.2 %

The company has a market capitalization of $18.50 million, a P/E ratio of 12.81 and a beta of 1.03. The company has a 50-day moving average of $46.61 and a two-hundred day moving average of $45.70.

Invesco S&P SmallCap Financials ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a dividend of $0.2783 per share. This represents a $1.11 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend was Monday, March 18th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. purchased a new position in Invesco S&P SmallCap Financials ETF during the fourth quarter valued at $1,558,000. Gladstone Institutional Advisory LLC purchased a new position in shares of Invesco S&P SmallCap Financials ETF in the fourth quarter worth $402,000. Harbor Capital Advisors Inc. raised its stake in shares of Invesco S&P SmallCap Financials ETF by 159.5% in the fourth quarter. Harbor Capital Advisors Inc. now owns 17,165 shares of the company’s stock worth $844,000 after purchasing an additional 10,551 shares during the last quarter. Finally, Atlas Wealth LLC purchased a new position in shares of Invesco S&P SmallCap Financials ETF in the third quarter worth $310,000.

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.