Kessler Investment Group LLC Decreases Stock Position in Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF)

Kessler Investment Group LLC lessened its stake in Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) by 34.6% in the fourth quarter, Holdings Channel reports. The fund owned 3,099 shares of the company’s stock after selling 1,639 shares during the quarter. Kessler Investment Group LLC’s holdings in Invesco S&P SmallCap Financials ETF were worth $172,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PSCF. Atlas Wealth LLC purchased a new position in Invesco S&P SmallCap Financials ETF in the 3rd quarter worth approximately $538,000. J2 Capital Management Inc purchased a new position in Invesco S&P SmallCap Financials ETF in the 4th quarter worth approximately $257,000. Harbor Capital Advisors Inc. boosted its holdings in Invesco S&P SmallCap Financials ETF by 78.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 8,389 shares of the company’s stock worth $464,000 after acquiring an additional 3,690 shares during the period. Riggs Asset Managment Co. Inc. acquired a new position in shares of Invesco S&P SmallCap Financials ETF in the 3rd quarter valued at approximately $28,000. Finally, Gladstone Institutional Advisory LLC raised its position in shares of Invesco S&P SmallCap Financials ETF by 6.4% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 8,278 shares of the company’s stock valued at $458,000 after purchasing an additional 496 shares in the last quarter.

Invesco S&P SmallCap Financials ETF Stock Up 0.3 %

Shares of PSCF opened at $56.93 on Friday. The business’s 50 day moving average is $56.22 and its two-hundred day moving average is $56.02. Invesco S&P SmallCap Financials ETF has a 52-week low of $44.43 and a 52-week high of $62.24. The firm has a market cap of $19.93 million, a price-to-earnings ratio of 13.50 and a beta of 1.03.

Invesco S&P SmallCap Financials ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.5416 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco S&P SmallCap Financials ETF

PowerShares S&P SmallCap Financials 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 Financials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States financial service companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services.