Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $128.04 and traded as high as $149.31. Invesco S&P SmallCap Industrials ETF shares last traded at $147.69, with a volume of 22,390 shares trading hands.

Invesco S&P SmallCap Industrials ETF Stock Performance

The firm’s 50 day moving average price is $135.15 and its two-hundred day moving average price is $128.04. The firm has a market cap of $218.58 million, a PE ratio of 18.19 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a $0.318 dividend. This represents a $1.27 annualized dividend and a yield of 0.86%. This is a positive change from Invesco S&P SmallCap Industrials ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Monday, September 23rd.

Hedge Funds Weigh In On Invesco S&P SmallCap Industrials ETF

A number of hedge funds have recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its stake in Invesco S&P SmallCap Industrials ETF by 2.4% during the second quarter. Envestnet Asset Management Inc. now owns 189,026 shares of the company’s stock worth $22,694,000 after buying an additional 4,421 shares during the period. RiverFront Investment Group LLC lifted its holdings in shares of Invesco S&P SmallCap Industrials ETF by 10.6% in the 2nd quarter. RiverFront Investment Group LLC now owns 136,872 shares of the company’s stock worth $16,433,000 after acquiring an additional 13,118 shares during the last quarter. Raymond James & Associates boosted its position in shares of Invesco S&P SmallCap Industrials ETF by 3.2% during the 2nd quarter. Raymond James & Associates now owns 73,759 shares of the company’s stock worth $8,856,000 after purchasing an additional 2,280 shares during the period. Bogart Wealth LLC increased its holdings in Invesco S&P SmallCap Industrials ETF by 6.1% in the 3rd quarter. Bogart Wealth LLC now owns 16,503 shares of the company’s stock valued at $2,183,000 after purchasing an additional 955 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in Invesco S&P SmallCap Industrials ETF by 14.1% in the third quarter. Private Advisor Group LLC now owns 14,395 shares of the company’s stock valued at $1,904,000 after purchasing an additional 1,778 shares during the period.

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.