Virtu Financial LLC Increases Stock Position in Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM)

Virtu Financial LLC grew its position in shares of Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) by 23.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 15,328 shares of the company’s stock after purchasing an additional 2,893 shares during the quarter. Virtu Financial LLC owned approximately 6.97% of Invesco S&P SmallCap Materials ETF worth $1,145,000 as of its most recent filing with the SEC.

Invesco S&P SmallCap Materials ETF Stock Performance

Invesco S&P SmallCap Materials ETF stock opened at $76.11 on Thursday. The company has a market capitalization of $16.74 million, a P/E ratio of 14.55 and a beta of 1.29. Invesco S&P SmallCap Materials ETF has a fifty-two week low of $58.45 and a fifty-two week high of $83.31. The stock has a 50-day simple moving average of $77.23 and a 200-day simple moving average of $76.49.

Invesco S&P SmallCap Materials ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a $0.1484 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend was Monday, June 24th.

About Invesco S&P SmallCap Materials ETF

PowerShares S&P SmallCap Materials Portfolio (the Fund) is based on the S&P SmallCap 600 Capped Materials Index (Index). The Index is designed to measure the overall performance of common stocks of United States basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.