Opinicus Capital Inc. Acquires New Position in Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC)

Opinicus Capital Inc. acquired a new stake in Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) during the fourth quarter, Holdings Channel.com reports. The fund acquired 5,941 shares of the company’s stock, valued at approximately $228,000.

A number of other hedge funds have also added to or reduced their stakes in PSCC. Raymond James & Associates grew its stake in shares of Invesco S&P SmallCap Consumer Staples ETF by 240.3% during the third quarter. Raymond James & Associates now owns 14,454 shares of the company’s stock worth $502,000 after buying an additional 10,206 shares during the last quarter. Stifel Financial Corp grew its stake in shares of Invesco S&P SmallCap Consumer Staples ETF by 265.9% during the third quarter. Stifel Financial Corp now owns 69,238 shares of the company’s stock worth $2,407,000 after buying an additional 50,315 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Invesco S&P SmallCap Consumer Staples ETF by 49,256.7% during the third quarter. Tower Research Capital LLC TRC now owns 14,807 shares of the company’s stock worth $515,000 after purchasing an additional 14,777 shares during the period. EPG Wealth Management LLC lifted its holdings in shares of Invesco S&P SmallCap Consumer Staples ETF by 152.3% during the third quarter. EPG Wealth Management LLC now owns 830 shares of the company’s stock worth $29,000 after purchasing an additional 501 shares during the period. Finally, IFG Advisory LLC acquired a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the fourth quarter worth $3,835,000.

Invesco S&P SmallCap Consumer Staples ETF Stock Performance

Shares of NASDAQ:PSCC traded up $0.01 during mid-day trading on Friday, reaching $35.41. 10,441 shares of the company’s stock were exchanged, compared to its average volume of 14,292. The firm has a market capitalization of $73.30 million, a price-to-earnings ratio of 6.35 and a beta of 0.80. The business’s fifty day moving average price is $36.43 and its 200-day moving average price is $36.38. Invesco S&P SmallCap Consumer Staples ETF has a twelve month low of $32.80 and a twelve month high of $39.00.

Invesco S&P SmallCap Consumer Staples ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.1311 per share. The ex-dividend date was Monday, March 18th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.48%.

About Invesco S&P SmallCap Consumer Staples ETF

PowerShares S&P SmallCap Consumer Staples 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 Consumer Staples Index (the Underlying Index). The Underlying Index consists of common stocks of United States consumer staples companies that are principally engaged in the businesses of providing consumer goods and services that have non-cyclical characteristics, including tobacco, textiles, food and beverage, and non-discretionary retail.