Raymond James Financial Inc. Invests $9.85 Million in Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI)

Raymond James Financial Inc. purchased a new position in shares of Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) during the fourth quarter, HoldingsChannel reports. The fund purchased 73,336 shares of the company’s stock, valued at approximately $9,854,000.

Several other hedge funds have also recently bought and sold shares of PSCI. Stifel Financial Corp grew its holdings in shares of Invesco S&P SmallCap Industrials ETF by 1.3% during the 3rd quarter. Stifel Financial Corp now owns 8,812 shares of the company’s stock valued at $1,166,000 after purchasing an additional 117 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of Invesco S&P SmallCap Industrials ETF by 542.5% during the 4th quarter. Jones Financial Companies Lllp now owns 257 shares of the company’s stock valued at $35,000 after acquiring an additional 217 shares during the period. Stratos Wealth Partners LTD. increased its stake in Invesco S&P SmallCap Industrials ETF by 20.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 2,384 shares of the company’s stock valued at $320,000 after purchasing an additional 405 shares in the last quarter. Avion Wealth bought a new stake in Invesco S&P SmallCap Industrials ETF during the 4th quarter valued at $67,000. Finally, Bogart Wealth LLC grew its stake in shares of Invesco S&P SmallCap Industrials ETF by 4.1% in the 4th quarter. Bogart Wealth LLC now owns 17,179 shares of the company’s stock worth $2,308,000 after acquiring an additional 676 shares in the last quarter.

Invesco S&P SmallCap Industrials ETF Stock Performance

Shares of NASDAQ:PSCI opened at $121.33 on Friday. The company’s 50-day moving average is $133.04 and its 200 day moving average is $134.80. The company has a market capitalization of $192.91 million, a P/E ratio of 22.64 and a beta of 1.24. Invesco S&P SmallCap Industrials ETF has a fifty-two week low of $117.43 and a fifty-two week high of $150.72.

Invesco S&P SmallCap Industrials ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.2373 dividend. The ex-dividend date was Monday, December 23rd.

Invesco S&P SmallCap Industrials ETF Company Profile

PowerShares S&P SmallCap Industrials 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 Industrials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States industrial companies.