Raymond James & Associates cut its stake in the Invesco S&P Small Cap Energy ETF (NASDAQ:PSCE – Rated) by 56.4% in the third quarter, according to its latest filing with the Securities and Exchange Commission. The company owned 155,581 shares of the company’s stock after selling 201,250 shares during the quarter. Raymond James & Associates owned approximately 1.19% of his Invesco S&P SmallCap Energy ETF worth $1,326,000 as of the latest filing with the Securities and Exchange Commission.
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Several other hedge funds have also changed their positions in PSCE. Gladstone Institutional Advisory LLC increased his stake in the Invesco S&P SmallCap Energy ETF by 16.7% in the third quarter. Gladstone Institutional Advisory LLC now owns 36,871 shares worth $314,000 after acquiring an additional 5,285 shares during this period. One Plus One Wealth Management LLC acquired a new stake in his Invesco S&P SmallCap Energy ETF in the third quarter, valued at approximately $6,388,000. J2 Capital Management Inc bought a new stake in his Invesco S&P SmallCap Energy ETF for about $284,000 in the third quarter. SMI Advisory Services LLC acquired a new position worth approximately $3,271,000 in shares of the Invesco S&P SmallCap Energy ETF during the second quarter. Finally, Goldman Sachs Group Inc. increased its holdings of the Invesco S&P SmallCap Energy ETF by 115.3% in the second quarter. Goldman Sachs Group now owns 108,272 shares in the company worth $942,000 after buying an additional 57,977 shares in him last quarter.
Invesco S&P Small Cap Energy ETF Share Price Up 0.5%
Shares of the Invesco S&P SmallCap Energy ETF opened Friday at $10.78. The Invesco S&P SmallCap Energy ETF hit a one-year low of $7.39 and a one-year high of $12.55. The 50-day moving average price for this business is $10.25 and the 200-day moving average price is $9.90.
Invesco S&P Small Cap Energy ETF Dividend Increase
The company recently announced a quarterly dividend, which was paid out on Friday, December 23rd. Investors of record on Tuesday, December 20, were paid a dividend of $0.068 per share. This is an increase from the Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.06. This represents a dividend of $0.27 and a dividend yield of 2.52% on an annual basis. The ex-dividend date was Monday, December 19.
Invesco S&P Small Cap Energy ETF Profile
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The PowerShares S&P SmallCap Energy Portfolio (Fund) seeks investment results that generally correspond to the price and yield performance of an index called the S&P SmallCap 600 Capped Energy Index (Underlying Index). The Underlying Index represents U.S. energy companies primarily engaged in the business of producing, distributing, or servicing energy-related products, such as oil and gas exploration and production, refining, petroleum services, pipelines, solar, and wind. Consists of common stock. and other non-petroleum based energies.
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