Stratos Wealth Partners LTD. Trims Stock Position in Invesco S&P SmallCap Industrials ETF $PSCI

Stratos Wealth Partners LTD. cut its holdings in Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) by 16.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 48,324 shares of the company’s stock after selling 9,712 shares during the period. Stratos Wealth Partners LTD. owned 5.09% of Invesco S&P SmallCap Industrials ETF worth $7,253,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in PSCI. Farther Finance Advisors LLC purchased a new stake in Invesco S&P SmallCap Industrials ETF in the third quarter valued at $45,000. CX Institutional acquired a new position in shares of Invesco S&P SmallCap Industrials ETF in the 3rd quarter valued at $186,000. Envestnet Asset Management Inc. purchased a new position in shares of Invesco S&P SmallCap Industrials ETF during the 3rd quarter worth $213,000. Novak & Powell Financial Services Inc. acquired a new stake in shares of Invesco S&P SmallCap Industrials ETF during the 3rd quarter worth about $219,000. Finally, JPMorgan Chase & Co. increased its position in shares of Invesco S&P SmallCap Industrials ETF by 5.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,039 shares of the company’s stock worth $305,000 after purchasing an additional 103 shares during the last quarter.

Invesco S&P SmallCap Industrials ETF Stock Performance

Shares of PSCI opened at $156.64 on Friday. The company’s 50-day moving average price is $163.39 and its 200 day moving average price is $155.75. Invesco S&P SmallCap Industrials ETF has a 12-month low of $103.54 and a 12-month high of $178.02. The firm has a market cap of $159.77 million, a P/E ratio of 23.47 and a beta of 1.21.

Invesco S&P SmallCap Industrials ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.2176 per share. The ex-dividend date was Monday, March 23rd. This represents a $0.87 dividend on an annualized basis and a dividend yield of 0.6%.

Invesco S&P SmallCap Industrials ETF Company Profile

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. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.