Valley National Advisers Inc. Sells 1,759 Shares of Invesco S&P SmallCap Industrials ETF $PSCI

Valley National Advisers Inc. trimmed its holdings in Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) by 65.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 921 shares of the company’s stock after selling 1,759 shares during the period. Valley National Advisers Inc. owned approximately 0.10% of Invesco S&P SmallCap Industrials ETF worth $123,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Jane Street Group LLC bought a new position in shares of Invesco S&P SmallCap Industrials ETF in the first quarter worth $802,000. Jones Financial Companies Lllp lifted its holdings in Invesco S&P SmallCap Industrials ETF by 7,414.8% during the 1st quarter. Jones Financial Companies Lllp now owns 19,313 shares of the company’s stock worth $2,294,000 after purchasing an additional 19,056 shares in the last quarter. Cetera Investment Advisers bought a new position in Invesco S&P SmallCap Industrials ETF in the 1st quarter worth about $319,000. Bogart Wealth LLC boosted its stake in Invesco S&P SmallCap Industrials ETF by 6.5% in the 1st quarter. Bogart Wealth LLC now owns 18,289 shares of the company’s stock worth $2,173,000 after purchasing an additional 1,110 shares during the period. Finally, Stratos Wealth Partners LTD. grew its holdings in Invesco S&P SmallCap Industrials ETF by 2,016.8% during the 1st quarter. Stratos Wealth Partners LTD. now owns 50,465 shares of the company’s stock valued at $5,995,000 after buying an additional 48,081 shares in the last quarter.

Invesco S&P SmallCap Industrials ETF Trading Up 0.1%

Shares of Invesco S&P SmallCap Industrials ETF stock opened at $150.78 on Tuesday. Invesco S&P SmallCap Industrials ETF has a 12-month low of $103.54 and a 12-month high of $152.07. The company has a market cap of $143.24 million, a price-to-earnings ratio of 23.47 and a beta of 1.24. The company’s 50-day moving average price is $146.79 and its 200-day moving average price is $133.03.

Invesco S&P SmallCap Industrials ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were paid a $0.1924 dividend. The ex-dividend date was Monday, September 22nd. This represents a $0.77 annualized dividend and a yield of 0.5%.

Invesco S&P SmallCap Industrials ETF 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.