Virtu Financial LLC Makes New $200,000 Investment in Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU)

Virtu Financial LLC purchased a new position in Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,301 shares of the company’s stock, valued at approximately $200,000. Virtu Financial LLC owned 0.97% of Invesco S&P SmallCap Utilities & Communication Services ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Kessler Investment Group LLC lifted its stake in shares of Invesco S&P SmallCap Utilities & Communication Services ETF by 423.0% during the 3rd quarter. Kessler Investment Group LLC now owns 1,135 shares of the company’s stock valued at $69,000 after buying an additional 918 shares in the last quarter. Jane Street Group LLC bought a new stake in Invesco S&P SmallCap Utilities & Communication Services ETF during the third quarter valued at about $413,000. Finally, D.A. Davidson & CO. purchased a new position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF in the third quarter valued at about $604,000.

Invesco S&P SmallCap Utilities & Communication Services ETF Stock Down 3.4 %

NASDAQ PSCU opened at $59.23 on Thursday. Invesco S&P SmallCap Utilities & Communication Services ETF has a twelve month low of $48.23 and a twelve month high of $67.23. The business has a 50-day moving average price of $62.59 and a 200-day moving average price of $57.68. The firm has a market cap of $20.14 million, a price-to-earnings ratio of 22.59 and a beta of 0.77.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.196 dividend. This represents a $0.78 annualized dividend and a yield of 1.32%. This is an increase from Invesco S&P SmallCap Utilities & Communication Services ETF’s previous quarterly dividend of $0.01. The ex-dividend date was Monday, September 23rd.

About Invesco S&P SmallCap Utilities & Communication Services ETF

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.