5,518 Shares in Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Bought by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC acquired a new stake in shares of Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,518 shares of the company’s stock, valued at approximately $308,000.

Other institutional investors have also recently made changes to their positions in the company. Larson Financial Group LLC bought a new stake in shares of Invesco S&P SmallCap Energy ETF in the 4th quarter worth about $47,000. PFG Advisors purchased a new position in Invesco S&P SmallCap Energy ETF in the 1st quarter worth about $364,000. Financial Advocates Investment Management increased its stake in Invesco S&P SmallCap Energy ETF by 81.7% in the 4th quarter. Financial Advocates Investment Management now owns 8,088 shares of the company’s stock worth $421,000 after buying an additional 3,637 shares during the period. Formidable Asset Management LLC purchased a new position in Invesco S&P SmallCap Energy ETF in the 4th quarter worth about $613,000. Finally, Commonwealth Equity Services LLC increased its stake in Invesco S&P SmallCap Energy ETF by 5.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 25,120 shares of the company’s stock worth $1,401,000 after buying an additional 1,347 shares during the period.

Invesco S&P SmallCap Energy ETF Stock Down 5.5 %

PSCE stock traded down $3.00 during trading on Friday, hitting $51.21. The company had a trading volume of 14,453 shares, compared to its average volume of 25,998. The firm has a market capitalization of $162.34 million, a P/E ratio of 34.07 and a beta of 1.95. The company has a 50 day simple moving average of $53.34 and a 200-day simple moving average of $53.24. Invesco S&P SmallCap Energy ETF has a 52-week low of $47.32 and a 52-week high of $59.67.

Invesco S&P SmallCap Energy ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a dividend of $0.1855 per share. This is an increase from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, June 24th. This represents a $0.74 dividend on an annualized basis and a yield of 1.45%.

Invesco S&P SmallCap Energy ETF 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.