Janney Montgomery Scott LLC Has $2.91 Million Position in Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI)

Janney Montgomery Scott LLC lessened its stake in Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) by 2.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 21,973 shares of the company’s stock after selling 514 shares during the period. Janney Montgomery Scott LLC owned about 1.47% of Invesco S&P SmallCap Industrials ETF worth $2,907,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Raymond James & Associates grew its position in shares of Invesco S&P SmallCap Industrials ETF by 3.2% in the 2nd quarter. Raymond James & Associates now owns 73,759 shares of the company’s stock valued at $8,856,000 after buying an additional 2,280 shares during the last quarter. Koshinski Asset Management Inc. bought a new stake in shares of Invesco S&P SmallCap Industrials ETF during the 3rd quarter valued at about $342,000. Envestnet Asset Management Inc. boosted its position in shares of Invesco S&P SmallCap Industrials ETF by 2.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 189,026 shares of the company’s stock valued at $22,694,000 after purchasing an additional 4,421 shares in the last quarter. US Bancorp DE boosted its position in shares of Invesco S&P SmallCap Industrials ETF by 400.5% during the 1st quarter. US Bancorp DE now owns 10,086 shares of the company’s stock valued at $1,280,000 after purchasing an additional 8,071 shares in the last quarter. Finally, Harbor Capital Advisors Inc. bought a new stake in shares of Invesco S&P SmallCap Industrials ETF during the 2nd quarter valued at about $73,000.

Invesco S&P SmallCap Industrials ETF Price Performance

Shares of Invesco S&P SmallCap Industrials ETF stock opened at $148.17 on Tuesday. Invesco S&P SmallCap Industrials ETF has a one year low of $99.23 and a one year high of $148.73. The stock’s 50-day moving average is $130.89 and its 200 day moving average is $126.38. The firm has a market cap of $219.29 million, a price-to-earnings ratio of 18.19 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a dividend of $0.318 per share. This is a positive change from Invesco S&P SmallCap Industrials ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Monday, September 23rd. This represents a $1.27 annualized dividend and a dividend yield of 0.86%.

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.