Virtu Financial LLC Sells 6,668 Shares of Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM)

Virtu Financial LLC decreased its stake in Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) by 43.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,660 shares of the company’s stock after selling 6,668 shares during the period. Virtu Financial LLC’s holdings in Invesco S&P SmallCap Materials ETF were worth $696,000 as of its most recent filing with the SEC.

Separately, Kessler Investment Group LLC increased its stake in shares of Invesco S&P SmallCap Materials ETF by 630.5% during the 3rd quarter. Kessler Investment Group LLC now owns 1,388 shares of the company’s stock worth $112,000 after purchasing an additional 1,198 shares during the last quarter.

Invesco S&P SmallCap Materials ETF Trading Down 1.1 %

Invesco S&P SmallCap Materials ETF stock opened at $79.93 on Friday. The business’s 50 day simple moving average is $80.88 and its 200 day simple moving average is $78.43. Invesco S&P SmallCap Materials ETF has a 12 month low of $68.44 and a 12 month high of $86.48. The company has a market cap of $18.38 million, a price-to-earnings ratio of 14.55 and a beta of 1.29.

Invesco S&P SmallCap Materials ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.115 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.58%.

Invesco S&P SmallCap Materials ETF Profile

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.