Modern Wealth Management LLC Acquires Shares of 23,603 Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI)

Modern Wealth Management LLC bought a new stake in shares of Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 23,603 shares of the company’s stock, valued at approximately $3,279,000.

Other large investors also recently made changes to their positions in the company. Stifel Financial Corp grew its stake in shares of Invesco S&P SmallCap Industrials ETF by 1.3% during the third quarter. Stifel Financial Corp now owns 8,812 shares of the company’s stock worth $1,166,000 after purchasing an additional 117 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Invesco S&P SmallCap Industrials ETF by 542.5% in the 4th quarter. Jones Financial Companies Lllp now owns 257 shares of the company’s stock valued at $35,000 after acquiring an additional 217 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in shares of Invesco S&P SmallCap Industrials ETF by 20.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 2,384 shares of the company’s stock valued at $320,000 after acquiring an additional 405 shares during the period. Avion Wealth bought a new position in Invesco S&P SmallCap Industrials ETF during the 4th quarter worth approximately $67,000. Finally, Bogart Wealth LLC grew its holdings in Invesco S&P SmallCap Industrials ETF by 4.1% during the fourth quarter. Bogart Wealth LLC now owns 17,179 shares of the company’s stock valued at $2,308,000 after purchasing an additional 676 shares during the period.

Invesco S&P SmallCap Industrials ETF Stock Performance

PSCI opened at $123.95 on Wednesday. The firm’s fifty day moving average is $132.57 and its two-hundred day moving average is $134.98. The firm has a market cap of $197.08 million, a PE ratio of 22.64 and a beta of 1.24. Invesco S&P SmallCap Industrials ETF has a twelve month low of $117.43 and a twelve month high of $150.72.

Invesco S&P SmallCap Industrials ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a dividend of $0.1867 per share. The ex-dividend date is Monday, March 24th.

About Invesco S&P SmallCap Industrials ETF

PowerShares S&P SmallCap Industrials 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 Industrials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States industrial companies.