Pacific Sun Financial Corp Sells 550 Shares of Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM)

Pacific Sun Financial Corp reduced its stake in shares of Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) by 18.0% during the third quarter, Holdings Channel reports. The institutional investor owned 2,510 shares of the company’s stock after selling 550 shares during the quarter. Pacific Sun Financial Corp’s holdings in Invesco S&P SmallCap Materials ETF were worth $202,000 at the end of the most recent quarter.

Separately, Virtu Financial LLC raised its stake in shares of Invesco S&P SmallCap Materials ETF by 23.3% during the second quarter. Virtu Financial LLC now owns 15,328 shares of the company’s stock valued at $1,145,000 after acquiring an additional 2,893 shares during the last quarter.

Invesco S&P SmallCap Materials ETF Trading Up 1.3 %

NASDAQ PSCM traded up $1.00 on Friday, hitting $79.16. The company’s stock had a trading volume of 156 shares, compared to its average volume of 1,222. Invesco S&P SmallCap Materials ETF has a 52-week low of $58.45 and a 52-week high of $83.31. The company’s 50-day simple moving average is $76.55 and its 200 day simple moving average is $76.94. The firm has a market cap of $17.42 million, a P/E ratio of 14.55 and a beta of 1.29.

Invesco S&P SmallCap Materials ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.115 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.46 annualized dividend and a yield of 0.58%.

Invesco S&P SmallCap Materials ETF Profile

PowerShares S&P SmallCap Materials Portfolio (the Fund) is based on the S&P SmallCap 600 Capped Materials Index (Index). The Index is designed to measure the overall performance of common stocks of United States basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.