J2 Capital Management Inc Takes $257,000 Position in Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF)

J2 Capital Management Inc acquired a new position in shares of Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) in the 4th quarter, Holdings Channel.com reports. The fund acquired 4,649 shares of the company’s stock, valued at approximately $257,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Gladstone Institutional Advisory LLC increased its position in Invesco S&P SmallCap Financials ETF by 6.4% during the third quarter. Gladstone Institutional Advisory LLC now owns 8,278 shares of the company’s stock worth $458,000 after buying an additional 496 shares in the last quarter. Riggs Asset Managment Co. Inc. purchased a new stake in Invesco S&P SmallCap Financials ETF during the 3rd quarter worth about $28,000. Harbor Capital Advisors Inc. raised its stake in Invesco S&P SmallCap Financials ETF by 17.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 4,699 shares of the company’s stock valued at $260,000 after purchasing an additional 688 shares during the last quarter. Kessler Investment Group LLC lifted its holdings in Invesco S&P SmallCap Financials ETF by 939.0% in the 3rd quarter. Kessler Investment Group LLC now owns 4,738 shares of the company’s stock valued at $262,000 after purchasing an additional 4,282 shares in the last quarter. Finally, Atlas Wealth LLC acquired a new stake in shares of Invesco S&P SmallCap Financials ETF during the 3rd quarter worth about $538,000.

Invesco S&P SmallCap Financials ETF Price Performance

NASDAQ:PSCF opened at $55.78 on Friday. The firm has a market cap of $18.97 million, a PE ratio of 13.50 and a beta of 1.03. The firm has a 50 day simple moving average of $57.72 and a 200-day simple moving average of $55.34. Invesco S&P SmallCap Financials ETF has a 1-year low of $44.43 and a 1-year high of $62.24.

Invesco S&P SmallCap Financials ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.5416 dividend. The ex-dividend date was Monday, December 23rd.

Invesco S&P SmallCap Financials ETF Profile

PowerShares S&P SmallCap Financials Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped Financials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States financial service companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services.