Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) Declares Quarterly Dividend of $0.23

Invesco S&P SmallCap Materials ETF (NASDAQ:PSCMGet Free Report) announced a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Stockholders of record on Monday, March 23rd will be paid a dividend of 0.226 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Monday, March 23rd.

Invesco S&P SmallCap Materials ETF Stock Performance

Shares of NASDAQ:PSCM traded up $2.40 during midday trading on Monday, hitting $91.38. 4,748 shares of the stock were exchanged, compared to its average volume of 3,632. The business’s 50-day moving average price is $96.30 and its 200 day moving average price is $85.35. Invesco S&P SmallCap Materials ETF has a 12 month low of $55.33 and a 12 month high of $106.13. The stock has a market capitalization of $13.71 million, a price-to-earnings ratio of 17.06 and a beta of 1.15.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PSCM. Raymond James Financial Inc. bought a new position in shares of Invesco S&P SmallCap Materials ETF during the second quarter worth about $53,000. Jane Street Group LLC bought a new stake in shares of Invesco S&P SmallCap Materials ETF during the 4th quarter valued at about $226,000. Citadel Advisors LLC bought a new stake in Invesco S&P SmallCap Materials ETF in the third quarter worth approximately $243,000. Finally, Virtu Financial LLC lifted its stake in Invesco S&P SmallCap Materials ETF by 13.6% in the third quarter. Virtu Financial LLC now owns 16,393 shares of the company’s stock valued at $1,272,000 after buying an additional 1,963 shares during the period.

About Invesco S&P SmallCap Materials ETF

(Get Free Report)

PowerShares S&P SmallCap Materials Portfolio (the Fund) is based on the S&P SmallCap 600 Capped Materials Index (Index). The Index is designed to measure the overall performance of common stocks of United States basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals. The Index is a subset of the S&P SmallCap 600 Index, which is a float-adjusted, market capitalization-weighted index reflecting the United States small-cap market.

See Also

Dividend History for Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM)

Receive News & Ratings for Invesco S&P SmallCap Materials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P SmallCap Materials ETF and related companies with MarketBeat.com's FREE daily email newsletter.