Independent Wealth Network Inc. Makes New $835,000 Investment in Invesco S&P SmallCap Industrials ETF $PSCI

Independent Wealth Network Inc. acquired a new stake in Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) during the first quarter, according to its most recent filing with the SEC. The firm acquired 5,399 shares of the company’s stock, valued at approximately $835,000. Independent Wealth Network Inc. owned about 0.53% of Invesco S&P SmallCap Industrials ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its stake in shares of Invesco S&P SmallCap Industrials ETF by 133.3% during the fourth quarter. Farther Finance Advisors LLC now owns 700 shares of the company’s stock valued at $105,000 after acquiring an additional 400 shares during the period. Envestnet Asset Management Inc. bought a new position in shares of Invesco S&P SmallCap Industrials ETF in the 3rd quarter valued at about $213,000. Novak & Powell Financial Services Inc. acquired a new stake in shares of Invesco S&P SmallCap Industrials ETF during the 3rd quarter worth approximately $219,000. JPMorgan Chase & Co. grew its position in shares of Invesco S&P SmallCap Industrials ETF by 5.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,039 shares of the company’s stock worth $305,000 after buying an additional 103 shares during the period. Finally, MML Investors Services LLC raised its stake in shares of Invesco S&P SmallCap Industrials ETF by 6.0% during the fourth quarter. MML Investors Services LLC now owns 4,826 shares of the company’s stock worth $724,000 after buying an additional 274 shares during the last quarter.

Invesco S&P SmallCap Industrials ETF Price Performance

Shares of NASDAQ PSCI opened at $184.53 on Friday. Invesco S&P SmallCap Industrials ETF has a fifty-two week low of $131.75 and a fifty-two week high of $186.91. The firm has a market capitalization of $184.53 million, a P/E ratio of 23.47 and a beta of 1.15. The company’s 50 day simple moving average is $171.81 and its 200 day simple moving average is $164.86.

Invesco S&P SmallCap Industrials ETF Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 22nd will be given a $0.196 dividend. This represents a $0.78 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Monday, June 22nd.

Invesco S&P SmallCap Industrials ETF Company Profile

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.