Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Announces Quarterly Dividend of $0.33

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Monday, March 23rd will be given a dividend of 0.3347 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Monday, March 23rd. This is a 13.4% increase from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.30.

Invesco S&P SmallCap Energy ETF Trading Down 0.9%

NASDAQ:PSCE traded down $0.55 during mid-day trading on Monday, reaching $59.69. 61,235 shares of the stock were exchanged, compared to its average volume of 42,306. The business has a fifty day moving average price of $53.01 and a 200 day moving average price of $46.53. Invesco S&P SmallCap Energy ETF has a 1-year low of $30.94 and a 1-year high of $60.91. The firm has a market capitalization of $99.09 million, a PE ratio of 9.69 and a beta of 1.00.

Hedge Funds Weigh In On Invesco S&P SmallCap Energy ETF

Several hedge funds have recently made changes to their positions in the business. Harbor Capital Advisors Inc. raised its holdings in shares of Invesco S&P SmallCap Energy ETF by 41.9% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 110,188 shares of the company’s stock worth $4,696,000 after purchasing an additional 32,533 shares in the last quarter. Hohimer Wealth Management LLC bought a new stake in Invesco S&P SmallCap Energy ETF during the fourth quarter worth approximately $409,000. First Growth Capital LLC acquired a new position in Invesco S&P SmallCap Energy ETF in the fourth quarter worth approximately $375,000. Walkner Condon Financial Advisors LLC acquired a new position in Invesco S&P SmallCap Energy ETF in the third quarter worth approximately $236,000. Finally, Kazazian Asset Management LLC bought a new position in shares of Invesco S&P SmallCap Energy ETF in the third quarter valued at $213,000.

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.