Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 traded.

Invesco S&P SmallCap Industrials ETF Price Performance

The stock has a market capitalization of $218.58 million, a price-to-earnings ratio of 18.19 and a beta of 1.24. The company has a 50-day simple moving average of $135.15 and a two-hundred day simple moving average of $128.04.

Invesco S&P SmallCap Industrials ETF Increases Dividend

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

Institutional Investors Weigh In On Invesco S&P SmallCap Industrials ETF

Large investors have recently made changes to their positions in the company. Stifel Financial Corp increased its holdings in shares of Invesco S&P SmallCap Industrials ETF by 1.3% during the third 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. Riggs Asset Managment Co. Inc. bought a new position in Invesco S&P SmallCap Industrials ETF in the 3rd quarter valued at about $28,000. Harbor Capital Advisors Inc. acquired a new position in Invesco S&P SmallCap Industrials ETF during the 2nd quarter valued at about $73,000. Valley National Advisers Inc. raised its position in shares of Invesco S&P SmallCap Industrials ETF by 28.2% during the 3rd quarter. Valley National Advisers Inc. now owns 3,136 shares of the company’s stock worth $414,000 after buying an additional 690 shares in the last quarter. Finally, Bogart Wealth LLC lifted its stake in shares of 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 worth $2,183,000 after acquiring an additional 955 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.