Kessler Investment Group LLC Lowers Stock Position in Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF)

Kessler Investment Group LLC lessened its stake in shares of Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) by 34.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,099 shares of the company’s stock after selling 1,639 shares during the quarter. Kessler Investment Group LLC owned 0.89% of Invesco S&P SmallCap Financials ETF worth $172,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of PSCF. Riggs Asset Managment Co. Inc. purchased a new position in Invesco S&P SmallCap Financials ETF during the third quarter worth about $28,000. J2 Capital Management Inc purchased a new position in Invesco S&P SmallCap Financials ETF during the fourth quarter worth about $257,000. Harbor Capital Advisors Inc. boosted its stake in Invesco S&P SmallCap Financials ETF by 17.2% during the third quarter. Harbor Capital Advisors Inc. now owns 4,699 shares of the company’s stock worth $260,000 after buying an additional 688 shares during the period. Gladstone Institutional Advisory LLC boosted its stake 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 during the period. Finally, Atlas Wealth LLC purchased a new position in Invesco S&P SmallCap Financials ETF during the third quarter worth about $538,000.

Invesco S&P SmallCap Financials ETF Stock Performance

NASDAQ PSCF opened at $56.93 on Friday. The firm has a 50 day simple moving average of $56.22 and a 200-day simple moving average of $56.02. Invesco S&P SmallCap Financials ETF has a one year low of $44.43 and a one year high of $62.24. The firm has a market cap of $19.93 million, a price-to-earnings ratio of 13.50 and a beta of 1.03.

Invesco S&P SmallCap Financials ETF Announces Dividend

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

Invesco S&P SmallCap Financials ETF Company 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.