Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Stock Price Up 1.4% – What’s Next?

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) shares were up 1.4% on Thursday . The company traded as high as $60.91 and last traded at $59.88. Approximately 57,530 shares traded hands during mid-day trading, an increase of 37% from the average daily volume of 41,965 shares. The stock had previously closed at $59.07.

Invesco S&P SmallCap Energy ETF Stock Performance

The stock’s 50 day moving average price is $53.01 and its 200-day moving average price is $46.46. The company has a market cap of $100.00 million, a PE ratio of 9.69 and a beta of 1.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Harbor Capital Advisors Inc. boosted its stake in Invesco S&P SmallCap Energy ETF by 41.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 110,188 shares of the company’s stock valued at $4,696,000 after purchasing an additional 32,533 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Invesco S&P SmallCap Energy ETF by 3.7% during the first quarter. Goldman Sachs Group Inc. now owns 82,985 shares of the company’s stock valued at $3,477,000 after buying an additional 2,937 shares during the last quarter. Hohimer Wealth Management LLC purchased a new stake in shares of Invesco S&P SmallCap Energy ETF in the 4th quarter worth $409,000. Bank of America Corp DE increased its position in Invesco S&P SmallCap Energy ETF by 34.8% in the third quarter. Bank of America Corp DE now owns 9,483 shares of the company’s stock worth $404,000 after buying an additional 2,447 shares in the last quarter. Finally, First Growth Capital LLC bought a new stake in Invesco S&P SmallCap Energy ETF during the 4th quarter worth approximately $375,000.

About Invesco S&P SmallCap Energy ETF

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.