Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM – Get Free Report) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Monday, March 23rd will be given a dividend of 0.226 per share on Friday, March 27th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date is Monday, March 23rd.
Invesco S&P SmallCap Materials ETF Price Performance
Shares of Invesco S&P SmallCap Materials ETF stock opened at $94.88 on Wednesday. Invesco S&P SmallCap Materials ETF has a 1 year low of $55.33 and a 1 year high of $106.13. The business has a 50 day moving average price of $96.34 and a 200 day moving average price of $85.58. The company has a market capitalization of $14.23 million, a P/E ratio of 17.06 and a beta of 1.15.
Institutional Trading of Invesco S&P SmallCap Materials ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new position in Invesco S&P SmallCap Materials ETF in the 2nd quarter valued at about $53,000. Jane Street Group LLC acquired a new position in shares of Invesco S&P SmallCap Materials ETF in the fourth quarter valued at approximately $226,000. Citadel Advisors LLC purchased a new position in shares of Invesco S&P SmallCap Materials ETF during the third quarter valued at approximately $243,000. Finally, Virtu Financial LLC boosted its position in Invesco S&P SmallCap Materials ETF by 13.6% during the third quarter. Virtu Financial LLC now owns 16,393 shares of the company’s stock worth $1,272,000 after acquiring an additional 1,963 shares during the last quarter.
About Invesco S&P SmallCap Materials ETF
PowerShares S&P SmallCap Materials Portfolio (the Fund) is based on the S&P SmallCap 600 Capped Materials Index (Index). The Index is designed to measure the overall performance of common stocks of United States basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals. The Index is a subset of the S&P SmallCap 600 Index, which is a float-adjusted, market capitalization-weighted index reflecting the United States small-cap market.
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