Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Trading Up 1.9% – Time to Buy?

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI)’s stock price traded up 1.9% during trading on Tuesday . The stock traded as high as $186.10 and last traded at $185.99. Approximately 2,721 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 5,268 shares. The stock had previously closed at $182.55.

Invesco S&P SmallCap Industrials ETF Stock Up 0.7%

The firm has a market capitalization of $196.53 million, a PE ratio of 23.47 and a beta of 1.14. The company’s 50-day simple moving average is $177.88 and its 200 day simple moving average is $169.83.

Invesco S&P SmallCap Industrials ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.196 per share. This represents a $0.78 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, June 22nd.

Institutional Investors Weigh In On Invesco S&P SmallCap Industrials ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its stake in Invesco S&P SmallCap Industrials ETF by 133.3% in 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 in the last quarter. Envestnet Asset Management Inc. acquired a new position in shares of Invesco S&P SmallCap Industrials ETF during the third quarter worth $213,000. JPMorgan Chase & Co. lifted its holdings 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 valued at $305,000 after purchasing an additional 103 shares during the last quarter. MML Investors Services LLC lifted its holdings in shares of Invesco S&P SmallCap Industrials ETF by 6.0% during the 4th quarter. MML Investors Services LLC now owns 4,826 shares of the company’s stock valued at $724,000 after purchasing an additional 274 shares during the last quarter. Finally, Independent Wealth Network Inc. acquired a new stake in shares of Invesco S&P SmallCap Industrials ETF in the 1st quarter worth $835,000.

About Invesco S&P SmallCap Industrials ETF

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.