Virtu Financial LLC Reduces Position in Invesco S&P SmallCap Materials ETF $PSCM

Virtu Financial LLC reduced its holdings in shares of Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) by 45.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,894 shares of the company’s stock after selling 7,499 shares during the quarter. Virtu Financial LLC owned about 5.93% of Invesco S&P SmallCap Materials ETF worth $748,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in Invesco S&P SmallCap Materials ETF during the 2nd quarter worth approximately $53,000. Jane Street Group LLC bought a new position in Invesco S&P SmallCap Materials ETF in the fourth quarter valued at $226,000. Finally, Citadel Advisors LLC purchased a new stake in Invesco S&P SmallCap Materials ETF during the third quarter valued at about $243,000.

Invesco S&P SmallCap Materials ETF Stock Down 0.1%

Shares of PSCM stock opened at $106.42 on Tuesday. The business has a 50-day moving average price of $104.49 and a two-hundred day moving average price of $97.04. Invesco S&P SmallCap Materials ETF has a 12-month low of $66.90 and a 12-month high of $110.02. The firm has a market cap of $21.28 million, a P/E ratio of 17.06 and a beta of 1.01.

Invesco S&P SmallCap Materials ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 22nd will be issued a dividend of $0.2677 per share. This represents a $1.07 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, June 22nd.

Invesco S&P SmallCap Materials ETF Company 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. 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.