Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Share Price Passes Above 200-Day Moving Average – What’s Next?

Shares of Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $51.67 and traded as high as $51.87. Invesco S&P SmallCap Energy ETF shares last traded at $51.14, with a volume of 24,357 shares changing hands.

Invesco S&P SmallCap Energy ETF Trading Down 3.7 %

The firm has a 50 day moving average price of $50.96 and a 200-day moving average price of $51.62. The firm has a market cap of $86.68 million, a PE ratio of 34.07 and a beta of 1.95.

Invesco S&P SmallCap Energy ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a $0.283 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 2.30%. This is a positive change from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.19. The ex-dividend date was Monday, September 23rd.

Institutional Trading of Invesco S&P SmallCap Energy ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of PSCE. Blair William & Co. IL boosted its holdings in Invesco S&P SmallCap Energy ETF by 3.9% in the second quarter. Blair William & Co. IL now owns 18,173 shares of the company’s stock valued at $956,000 after purchasing an additional 687 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its position in Invesco S&P SmallCap Energy ETF by 6.2% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 15,281 shares of the company’s stock valued at $804,000 after buying an additional 896 shares during the last quarter. Kessler Investment Group LLC increased its stake in Invesco S&P SmallCap Energy ETF by 206.2% in the 3rd quarter. Kessler Investment Group LLC now owns 1,038 shares of the company’s stock valued at $51,000 after buying an additional 699 shares during the period. Finally, HighTower Advisors LLC raised its position in Invesco S&P SmallCap Energy ETF by 9.1% during the 3rd quarter. HighTower Advisors LLC now owns 17,896 shares of the company’s stock worth $877,000 after buying an additional 1,486 shares during the last quarter.

Invesco S&P SmallCap Energy ETF Company Profile

PowerShares S&P SmallCap Energy 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 Energy Index (the Underlying Index). The Underlying Index consists of common stocks of the United States energy companies that are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil-based energy.