Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Stock Price Up 0.2% – Time to Buy?

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) shares traded up 0.2% during mid-day trading on Friday . The stock traded as high as $66.67 and last traded at $66.67. Approximately 387 shares were traded during trading, a decline of 90% from the average session volume of 3,937 shares. The stock had previously closed at $66.52.

Invesco S&P SmallCap Financials ETF Price Performance

The stock’s fifty day moving average price is $66.58 and its 200-day moving average price is $62.54. The firm has a market cap of $27.33 million, a PE ratio of 15.25 and a beta of 0.92.

Invesco S&P SmallCap Financials ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.3128 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.25 dividend on an annualized basis and a yield of 1.9%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Goldman Sachs Group Inc. acquired a new stake in shares of Invesco S&P SmallCap Financials ETF in the first quarter valued at approximately $220,000. Tower Research Capital LLC TRC boosted its stake in Invesco S&P SmallCap Financials ETF by 13.5% during the third quarter. Tower Research Capital LLC TRC now owns 10,635 shares of the company’s stock worth $610,000 after buying an additional 1,263 shares during the last quarter. Virtu Financial LLC grew its holdings in Invesco S&P SmallCap Financials ETF by 21.6% in the 3rd quarter. Virtu Financial LLC now owns 6,908 shares of the company’s stock valued at $396,000 after buying an additional 1,229 shares in the last quarter. LPL Financial LLC grew its holdings in Invesco S&P SmallCap Financials ETF by 5.9% in the 4th quarter. LPL Financial LLC now owns 5,472 shares of the company’s stock valued at $315,000 after buying an additional 306 shares in the last quarter. Finally, Hohimer Wealth Management LLC acquired a new stake in shares of Invesco S&P SmallCap Financials ETF in the 4th quarter worth $661,000.

About Invesco S&P SmallCap Financials ETF

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. The Underlying Index is compiled, maintained and calculated by Standard & Poor’s Financial Services LLC (Standard & Poor’s).