Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Stock Price Down 2.1%

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF)’s stock price traded down 2.1% during trading on Thursday . The company traded as low as $47.17 and last traded at $47.19. 987 shares were traded during mid-day trading, a decline of 47% from the average session volume of 1,865 shares. The stock had previously closed at $48.22.

Invesco S&P SmallCap Financials ETF Stock Performance

The stock’s 50 day moving average price is $47.03 and its 200 day moving average price is $46.58. The company has a market capitalization of $18.88 million, a P/E ratio of 13.50 and a beta of 1.03.

Invesco S&P SmallCap Financials ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a $0.2783 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date of this dividend was Monday, March 18th.

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

Several large investors have recently added to or reduced their stakes in the business. Atlas Wealth LLC bought a new position in Invesco S&P SmallCap Financials ETF during the third quarter worth $310,000. Gladstone Institutional Advisory LLC acquired a new position in shares of Invesco S&P SmallCap Financials ETF during the fourth quarter valued at about $402,000. Harbor Capital Advisors Inc. boosted its position in shares of Invesco S&P SmallCap Financials ETF by 159.5% during the 4th quarter. Harbor Capital Advisors Inc. now owns 17,165 shares of the company’s stock worth $844,000 after purchasing an additional 10,551 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of Invesco S&P SmallCap Financials ETF in the 1st quarter valued at about $876,000. Finally, Cambridge Investment Research Advisors Inc. bought a new stake in Invesco S&P SmallCap Financials ETF in the 4th quarter valued at about $1,558,000.

Invesco S&P SmallCap Financials ETF Company Profile

PowerShares S&P SmallCap Financials 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 Financials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States financial service companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services.