Invesco S&P SmallCap Utilities & Communication Services ETF $PSCU Shares Sold by Bard Associates Inc.

Bard Associates Inc. lessened its holdings in Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) by 43.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,232 shares of the company’s stock after selling 21,320 shares during the period. Bard Associates Inc. owned 0.12% of Invesco S&P SmallCap Utilities & Communication Services ETF worth $1,624,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of PSCU. Virtu Financial LLC raised its position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF by 51.8% during the 3rd quarter. Virtu Financial LLC now owns 12,837 shares of the company’s stock worth $738,000 after purchasing an additional 4,378 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in Invesco S&P SmallCap Utilities & Communication Services ETF by 3.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,999 shares of the company’s stock valued at $389,000 after buying an additional 202 shares during the last quarter. Finally, Global Retirement Partners LLC grew its holdings in Invesco S&P SmallCap Utilities & Communication Services ETF by 13.4% during the 3rd quarter. Global Retirement Partners LLC now owns 3,467 shares of the company’s stock valued at $199,000 after buying an additional 411 shares during the last quarter.

Invesco S&P SmallCap Utilities & Communication Services ETF Stock Performance

Invesco S&P SmallCap Utilities & Communication Services ETF stock opened at $58.83 on Friday. Invesco S&P SmallCap Utilities & Communication Services ETF has a fifty-two week low of $50.52 and a fifty-two week high of $61.47. The company has a market capitalization of $13.53 million, a price-to-earnings ratio of 18.18 and a beta of 0.82. The stock has a fifty day moving average of $58.55 and a two-hundred day moving average of $58.13.

Invesco S&P SmallCap Utilities & Communication Services ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a dividend of $0.231 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.6%.

Invesco S&P SmallCap Utilities & Communication Services ETF Profile

PowerShares S&P SmallCap Utilities Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped Utilities & Telecom Services Index (the Underlying Index). The Underlying Index consists of common stocks of United States utility companies. These companies are principally engaged in providing either energy, water or natural gas utilities, as well as services designed to promote or enhance the transmission of voice, data and video over various communications media, including wireline, wireless (terrestrial-based), satellite and cable.