Signet Financial Management LLC Sells 144 Shares of Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM)

Signet Financial Management LLC decreased its holdings in shares of Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,003 shares of the company’s stock after selling 144 shares during the quarter. Signet Financial Management LLC owned approximately 1.82% of Invesco S&P SmallCap Materials ETF worth $295,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Citadel Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap Materials ETF during the third quarter worth $632,000. Flow Traders U.S. LLC grew its holdings in shares of Invesco S&P SmallCap Materials ETF by 110.9% during the first quarter. Flow Traders U.S. LLC now owns 17,266 shares of the company’s stock worth $1,164,000 after purchasing an additional 9,079 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Invesco S&P SmallCap Materials ETF by 12.5% in the second quarter. Wells Fargo & Company MN now owns 43,516 shares of the company’s stock worth $3,000,000 after acquiring an additional 4,820 shares during the period. Stifel Financial Corp acquired a new position in shares of Invesco S&P SmallCap Materials ETF in the first quarter worth approximately $207,000. Finally, UBS Group AG lifted its stake in Invesco S&P SmallCap Materials ETF by 45.5% in the first quarter. UBS Group AG now owns 1,612 shares of the company’s stock valued at $109,000 after buying an additional 504 shares during the period.

Invesco S&P SmallCap Materials ETF Stock Performance

Shares of PSCM opened at $74.35 on Wednesday. Invesco S&P SmallCap Materials ETF has a 52-week low of $58.45 and a 52-week high of $76.92. The business’s 50 day moving average price is $74.18 and its two-hundred day moving average price is $69.30. The firm has a market cap of $15.61 million, a PE ratio of 13.80 and a beta of 1.29.

Invesco S&P SmallCap Materials ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a dividend of $0.1539 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date was Monday, March 18th.

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.