Steward Partners Investment Advisory LLC Reduces Stock Position in Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE)

Steward Partners Investment Advisory LLC lessened its holdings in Invesco S&P SmallCap Energy ETF (NASDAQ:PSCEGet Rating) by 75.1% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,685 shares of the company’s stock after selling 53,464 shares during the period. Steward Partners Investment Advisory LLC owned 0.11% of Invesco S&P SmallCap Energy ETF worth $177,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Belpointe Asset Management LLC purchased a new stake in shares of Invesco S&P SmallCap Energy ETF in the first quarter worth $563,000. ProVise Management Group LLC raised its position in shares of Invesco S&P SmallCap Energy ETF by 41.8% in the first quarter. ProVise Management Group LLC now owns 52,993 shares of the company’s stock worth $531,000 after buying an additional 15,618 shares in the last quarter. Sigma Planning Corp raised its position in Invesco S&P SmallCap Energy ETF by 310.5% during the first quarter. Sigma Planning Corp now owns 56,557 shares of the company’s stock valued at $567,000 after purchasing an additional 42,780 shares in the last quarter. CIBC World Markets Inc. purchased a new stake in Invesco S&P SmallCap Energy ETF during the fourth quarter valued at about $1,654,000. Finally, IHT Wealth Management LLC raised its position in Invesco S&P SmallCap Energy ETF by 13.9% during the fourth quarter. IHT Wealth Management LLC now owns 40,749 shares of the company’s stock valued at $285,000 after purchasing an additional 4,986 shares in the last quarter.

Invesco S&P SmallCap Energy ETF Stock Performance

NASDAQ PSCE opened at $9.94 on Monday. The stock’s 50-day simple moving average is $9.73 and its two-hundred day simple moving average is $9.40. Invesco S&P SmallCap Energy ETF has a twelve month low of $5.58 and a twelve month high of $12.55.

Invesco S&P SmallCap Energy ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Wednesday, June 22nd were given a dividend of $0.034 per share. This is an increase from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.01. The ex-dividend date was Tuesday, June 21st. This represents a $0.14 dividend on an annualized basis and a yield of 1.37%.

Invesco S&P SmallCap Energy ETF Company Profile

(Get Rating)

PowerShares S&P SmallCap Energy 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 Energy Index (the Underlying Index). The Underlying Index consists of common stocks of the United States energy companies that are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil-based energy.

Further Reading

Institutional Ownership by Quarter for Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE)

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