HighTower Advisors LLC reduced its stake in Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE – Free Report) by 32.9% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 12,005 shares of the company’s stock after selling 5,891 shares during the quarter. HighTower Advisors LLC’s holdings in Invesco S&P SmallCap Energy ETF were worth $581,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new stake in Invesco S&P SmallCap Energy ETF in the fourth quarter worth about $1,541,000. JBR Co Financial Management Inc increased its stake in shares of Invesco S&P SmallCap Energy ETF by 3.2% during the 4th quarter. JBR Co Financial Management Inc now owns 10,871 shares of the company’s stock worth $526,000 after purchasing an additional 339 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Invesco S&P SmallCap Energy ETF in the 4th quarter worth approximately $1,862,000. Walkner Condon Financial Advisors LLC purchased a new position in Invesco S&P SmallCap Energy ETF in the fourth quarter valued at approximately $201,000. Finally, Harbor Capital Advisors Inc. grew its holdings in Invesco S&P SmallCap Energy ETF by 5,943.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 21,394 shares of the company’s stock valued at $1,035,000 after purchasing an additional 21,040 shares during the period.
Invesco S&P SmallCap Energy ETF Price Performance
NASDAQ:PSCE opened at $41.80 on Friday. The company has a market capitalization of $76.91 million, a P/E ratio of 9.22 and a beta of 1.95. The business has a fifty day simple moving average of $44.87 and a two-hundred day simple moving average of $48.28. Invesco S&P SmallCap Energy ETF has a 1 year low of $38.55 and a 1 year high of $58.39.
Invesco S&P SmallCap Energy ETF Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.2427 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Invesco S&P SmallCap Energy ETF’s previous dividend of $0.17.
About Invesco S&P SmallCap Energy ETF
(Free Report)
PowerShares S&P SmallCap Energy 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 Energy Index (the Underlying Index). The Underlying Index consists of common stocks of the United States energy companies that are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil-based energy.
Further Reading
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