Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Shares of Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $129.16 and traded as high as $148.41. Invesco S&P SmallCap Industrials ETF shares last traded at $148.41, with a volume of 5,449 shares trading hands.

Invesco S&P SmallCap Industrials ETF Stock Down 0.4 %

The company’s 50 day moving average price is $137.93 and its two-hundred day moving average price is $129.28. The firm has a market cap of $215.35 million, a PE ratio of 18.19 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a dividend of $0.318 per share. This represents a $1.27 annualized dividend and a yield of 0.87%. This is an increase from Invesco S&P SmallCap Industrials ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Monday, September 23rd.

Institutional Trading of Invesco S&P SmallCap Industrials ETF

Institutional investors have recently added to or reduced their stakes in the company. Riggs Asset Managment Co. Inc. bought a new position in shares of Invesco S&P SmallCap Industrials ETF during the third quarter valued at approximately $28,000. Harbor Capital Advisors Inc. purchased a new position in Invesco S&P SmallCap Industrials ETF during the 2nd quarter valued at $73,000. Kessler Investment Group LLC grew its position in Invesco S&P SmallCap Industrials ETF by 1,255.1% in the 3rd quarter. Kessler Investment Group LLC now owns 1,057 shares of the company’s stock valued at $140,000 after acquiring an additional 979 shares during the last quarter. Marcum Wealth LLC purchased a new stake in Invesco S&P SmallCap Industrials ETF in the third quarter worth $200,000. Finally, Source Financial Advisors LLC bought a new stake in shares of Invesco S&P SmallCap Industrials ETF during the third quarter worth $217,000.

Invesco S&P SmallCap Industrials ETF Company Profile

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.