Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Stock Position Cut by Private Advisor Group LLC

Private Advisor Group LLC decreased its stake in shares of Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) by 42.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 12,617 shares of the company’s stock after selling 9,356 shares during the period. Private Advisor Group LLC’s holdings in Invesco S&P SmallCap Industrials ETF were worth $1,515,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in PSCI. Novak & Powell Financial Services Inc. acquired a new position in shares of Invesco S&P SmallCap Industrials ETF during the fourth quarter valued at approximately $236,000. Janney Montgomery Scott LLC raised its stake in shares of Invesco S&P SmallCap Industrials ETF by 2.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 23,507 shares of the company’s stock worth $2,726,000 after buying an additional 632 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of Invesco S&P SmallCap Industrials ETF by 3.2% in the second quarter. Raymond James & Associates now owns 73,759 shares of the company’s stock valued at $8,856,000 after buying an additional 2,280 shares during the period. Valley National Advisers Inc. boosted its stake in Invesco S&P SmallCap Industrials ETF by 106.8% during the first quarter. Valley National Advisers Inc. now owns 2,446 shares of the company’s stock valued at $310,000 after buying an additional 1,263 shares in the last quarter. Finally, Harbor Capital Advisors Inc. acquired a new position in Invesco S&P SmallCap Industrials ETF during the second quarter worth about $73,000.

Invesco S&P SmallCap Industrials ETF Trading Up 2.3 %

Shares of Invesco S&P SmallCap Industrials ETF stock opened at $126.61 on Friday. Invesco S&P SmallCap Industrials ETF has a 52 week low of $93.45 and a 52 week high of $136.28. The company’s 50-day moving average price is $126.04 and its two-hundred day moving average price is $123.34. The stock has a market cap of $188.65 million, a PE ratio of 18.19 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a dividend of $0.1428 per share. This represents a $0.57 annualized dividend and a yield of 0.45%. The ex-dividend date was Monday, June 24th.

Invesco S&P SmallCap Industrials ETF 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.