Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Announces Dividend Increase – $1.52 Per Share

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) declared a quarterly dividend on Thursday, November 20th. Shareholders of record on Monday, December 22nd will be given a dividend of 1.52 per share on Friday, December 26th. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Monday, December 22nd. This is a 690.2% increase from Invesco S&P SmallCap Industrials ETF’s previous quarterly dividend of $0.19.

Invesco S&P SmallCap Industrials ETF Price Performance

Shares of PSCI opened at $153.97 on Friday. The firm has a 50-day simple moving average of $149.13 and a two-hundred day simple moving average of $144.06. The stock has a market cap of $146.27 million, a PE ratio of 23.47 and a beta of 1.21. Invesco S&P SmallCap Industrials ETF has a 1-year low of $103.54 and a 1-year high of $158.89.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its stake in shares of Invesco S&P SmallCap Industrials ETF by 7,414.8% in the first quarter. Jones Financial Companies Lllp now owns 19,313 shares of the company’s stock valued at $2,294,000 after buying an additional 19,056 shares in the last quarter. Jane Street Group LLC purchased a new position in Invesco S&P SmallCap Industrials ETF during the 1st quarter valued at about $802,000. Stratos Wealth Partners LTD. boosted its holdings in Invesco S&P SmallCap Industrials ETF by 6.9% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 53,954 shares of the company’s stock valued at $7,233,000 after acquiring an additional 3,489 shares during the period. Cassaday & Co Wealth Management LLC acquired a new position in Invesco S&P SmallCap Industrials ETF in the 2nd quarter valued at about $1,005,000. Finally, Global Retirement Partners LLC purchased a new stake in Invesco S&P SmallCap Industrials ETF during the second quarter worth about $305,000.

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. 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.