MML Investors Services LLC Sells 7,097 Shares of Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI)

MML Investors Services LLC decreased its position in Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) by 60.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,557 shares of the company’s stock after selling 7,097 shares during the quarter. MML Investors Services LLC’s holdings in Invesco S&P SmallCap Industrials ETF were worth $603,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of PSCI. Stifel Financial Corp increased its holdings in Invesco S&P SmallCap Industrials ETF by 1.3% during the 3rd quarter. Stifel Financial Corp now owns 8,812 shares of the company’s stock valued at $1,166,000 after purchasing an additional 117 shares during the period. Source Financial Advisors LLC bought a new stake in shares of Invesco S&P SmallCap Industrials ETF in the 3rd quarter worth approximately $217,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of Invesco S&P SmallCap Industrials ETF during the third quarter valued at approximately $28,000. Valley National Advisers Inc. increased its stake in shares of Invesco S&P SmallCap Industrials ETF by 28.2% during the third quarter. Valley National Advisers Inc. now owns 3,136 shares of the company’s stock valued at $414,000 after buying an additional 690 shares during the period. Finally, Bogart Wealth LLC raised its holdings in shares of Invesco S&P SmallCap Industrials ETF by 6.1% during the third quarter. Bogart Wealth LLC now owns 16,503 shares of the company’s stock valued at $2,183,000 after acquiring an additional 955 shares in the last quarter.

Invesco S&P SmallCap Industrials ETF Stock Up 0.3 %

NASDAQ:PSCI opened at $135.41 on Friday. The firm’s fifty day simple moving average is $140.38 and its 200 day simple moving average is $130.70. The stock has a market cap of $200.41 million, a P/E ratio of 18.19 and a beta of 1.24. Invesco S&P SmallCap Industrials ETF has a twelve month low of $108.66 and a twelve month high of $150.72.

About Invesco S&P SmallCap Industrials ETF

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.