Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Trading Up 2.3%

Posted by Andrew Walz on Jul 17th, 2024

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF – Get Free Report) shares were up 2.3% on Monday . The company traded as high as $51.76 and last traded at $51.53. Approximately 2,566 shares were traded during trading, an increase of 60% from the average daily volume of 1,602 shares. The stock had previously closed at $50.35.

Invesco S&P SmallCap Financials ETF Stock Up 0.8 %

The firm has a market capitalization of $19.92 million, a price-to-earnings ratio of 13.50 and a beta of 1.03. The business’s 50-day simple moving average is $47.82 and its two-hundred day simple moving average is $47.24.

Invesco S&P SmallCap Financials ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were issued a $0.1829 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date of this dividend was Monday, June 24th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Harbor Capital Advisors Inc. acquired a new position in shares of Invesco S&P SmallCap Financials ETF in the second quarter valued at approximately $191,000. Gladstone Institutional Advisory LLC acquired a new position in shares of Invesco S&P SmallCap Financials ETF in the fourth quarter valued at approximately $402,000. Virtu Financial LLC acquired a new position in shares of Invesco S&P SmallCap Financials ETF in the first quarter valued at approximately $876,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new position in shares of Invesco S&P SmallCap Financials ETF in the fourth quarter valued at approximately $1,558,000.

Invesco S&P SmallCap Financials ETF Company Profile

(Get Free Report)

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.