Raymond James Financial Inc. Invests $9.85 Million in Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI)

Raymond James Financial Inc. bought a new position in shares of Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 73,336 shares of the company’s stock, valued at approximately $9,854,000. Raymond James Financial Inc. owned approximately 4.61% of Invesco S&P SmallCap Industrials ETF at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Jones Financial Companies Lllp increased its stake in Invesco S&P SmallCap Industrials ETF by 542.5% in the fourth quarter. Jones Financial Companies Lllp now owns 257 shares of the company’s stock valued at $35,000 after purchasing an additional 217 shares in the last quarter. Avion Wealth bought a new stake in shares of Invesco S&P SmallCap Industrials ETF during the fourth quarter worth $67,000. Savant Capital LLC bought a new stake in shares of Invesco S&P SmallCap Industrials ETF during the fourth quarter worth $214,000. Gladstone Institutional Advisory LLC bought a new stake in shares of Invesco S&P SmallCap Industrials ETF during the fourth quarter worth $226,000. Finally, Elm3 Financial Group LLC bought a new stake in shares of Invesco S&P SmallCap Industrials ETF during the fourth quarter worth $245,000.

Invesco S&P SmallCap Industrials ETF Stock Down 1.0 %

Shares of PSCI stock opened at $121.33 on Friday. The firm has a fifty day moving average of $133.04 and a 200-day moving average of $134.80. Invesco S&P SmallCap Industrials ETF has a 12-month low of $117.43 and a 12-month high of $150.72. The company has a market capitalization of $192.91 million, a price-to-earnings ratio of 22.64 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.2373 dividend. The ex-dividend date was Monday, December 23rd.

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.