Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) Shares Up 1.9% – What’s Next?

Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) shares traded up 1.9% during trading on Tuesday . The stock traded as high as $66.06 and last traded at $66.06. 5,049 shares were traded during trading, an increase of 27% from the average session volume of 3,974 shares. The stock had previously closed at $64.85.

Invesco S&P SmallCap Utilities & Communication Services ETF Price Performance

The business has a 50-day moving average of $64.78 and a 200 day moving average of $62.40. The company has a market capitalization of $17.78 million, a PE ratio of 18.18 and a beta of 0.73.

Invesco S&P SmallCap Utilities & Communication Services ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.0282 per share. This represents a $0.11 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, June 22nd.

Institutional Investors Weigh In On Invesco S&P SmallCap Utilities & Communication Services ETF

Several large investors have recently added to or reduced their stakes in PSCU. Advisory Services Network LLC bought a new stake in shares of Invesco S&P SmallCap Utilities & Communication Services ETF in the 3rd quarter valued at approximately $58,000. Tower Research Capital LLC TRC increased its position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF by 3.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,999 shares of the company’s stock valued at $389,000 after purchasing an additional 202 shares during the last quarter. Parr Mcknight Wealth Management Group LLC purchased a new stake in Invesco S&P SmallCap Utilities & Communication Services ETF during the 1st quarter valued at $501,000. Virtu Financial LLC raised its holdings in Invesco S&P SmallCap Utilities & Communication Services ETF by 51.8% during the 3rd quarter. Virtu Financial LLC now owns 12,837 shares of the company’s stock valued at $738,000 after buying an additional 4,378 shares during the period. Finally, IHT Wealth Management LLC raised its holdings in Invesco S&P SmallCap Utilities & Communication Services ETF by 121.7% during the 4th quarter. IHT Wealth Management LLC now owns 22,259 shares of the company’s stock valued at $1,280,000 after buying an additional 12,219 shares during the period.

Invesco S&P SmallCap Utilities & Communication Services ETF Company Profile

PowerShares S&P SmallCap Utilities 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 Utilities & Telecom Services Index (the Underlying Index). The Underlying Index consists of common stocks of United States utility companies. These companies are principally engaged in providing either energy, water or natural gas utilities, as well as services designed to promote or enhance the transmission of voice, data and video over various communications media, including wireline, wireless (terrestrial-based), satellite and cable.