Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Trading 0.6% Higher

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) traded up 0.6% during trading on Friday . The company traded as high as $55.43 and last traded at $55.43. 1,095 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 1,900 shares. The stock had previously closed at $55.09.

Invesco S&P SmallCap Financials ETF Price Performance

The company has a market cap of $20.51 million, a PE ratio of 13.50 and a beta of 1.03. The company’s 50 day simple moving average is $51.63 and its two-hundred day simple moving average is $48.59.

Invesco S&P SmallCap Financials ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a dividend of $0.1829 per share. The ex-dividend date was Monday, June 24th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.32%.

Institutional Trading of Invesco S&P SmallCap Financials ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. purchased a new position in shares of Invesco S&P SmallCap Financials ETF during the second quarter worth $191,000. Virtu Financial LLC purchased a new stake in shares of Invesco S&P SmallCap Financials ETF in the 1st quarter valued at $876,000. Cambridge Investment Research Advisors Inc. acquired a new position in Invesco S&P SmallCap Financials ETF during the 4th quarter worth about $1,558,000. Finally, Gladstone Institutional Advisory LLC purchased a new position in Invesco S&P SmallCap Financials ETF during the 4th quarter valued at about $402,000.

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.