Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) Plans $0.12 Quarterly Dividend

Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) announced a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Monday, March 23rd will be paid a dividend of 0.1155 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, March 23rd.

Invesco S&P SmallCap Utilities & Communication Services ETF Stock Up 2.4%

Invesco S&P SmallCap Utilities & Communication Services ETF stock traded up $1.38 during mid-day trading on Monday, reaching $59.19. 6,510 shares of the company’s stock were exchanged, compared to its average volume of 7,780. The business’s fifty day simple moving average is $58.67 and its 200 day simple moving average is $58.22. The firm has a market capitalization of $13.61 million, a PE ratio of 18.18 and a beta of 0.82. Invesco S&P SmallCap Utilities & Communication Services ETF has a one year low of $50.52 and a one year high of $61.47.

Institutional Investors Weigh In On Invesco S&P SmallCap Utilities & Communication Services ETF

Several large investors have recently made changes to their positions in PSCU. Advisory Services Network LLC bought a new stake in shares of Invesco S&P SmallCap Utilities & Communication Services ETF during the 3rd quarter worth $58,000. Global Retirement Partners LLC grew its position in Invesco S&P SmallCap Utilities & Communication Services ETF by 13.4% during the third quarter. Global Retirement Partners LLC now owns 3,467 shares of the company’s stock valued at $199,000 after buying an additional 411 shares during the period. Tower Research Capital LLC TRC grew its position in Invesco S&P SmallCap Utilities & Communication Services ETF by 3.0% during the second quarter. Tower Research Capital LLC TRC now owns 6,999 shares of the company’s stock valued at $389,000 after buying an additional 202 shares during the period. Virtu Financial LLC increased its holdings in Invesco S&P SmallCap Utilities & Communication Services ETF by 51.8% during the third quarter. Virtu Financial LLC now owns 12,837 shares of the company’s stock worth $738,000 after buying an additional 4,378 shares during the last quarter. Finally, IHT Wealth Management LLC increased its holdings in Invesco S&P SmallCap Utilities & Communication Services ETF by 121.7% during the fourth quarter. IHT Wealth Management LLC now owns 22,259 shares of the company’s stock worth $1,280,000 after buying an additional 12,219 shares during the last quarter.

About Invesco S&P SmallCap Utilities & Communication Services ETF

PowerShares S&P SmallCap Utilities 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 Utilities & Telecom Services Index (the Underlying Index). The Underlying Index consists of common stocks of United States utility companies. These companies are principally engaged in providing either energy, water or natural gas utilities, as well as services designed to promote or enhance the transmission of voice, data and video over various communications media, including wireline, wireless (terrestrial-based), satellite and cable.