HighTower Advisors LLC Grows Stake in Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE)

HighTower Advisors LLC lifted its stake in shares of Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) by 9.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,896 shares of the company’s stock after buying an additional 1,486 shares during the quarter. HighTower Advisors LLC owned 1.02% of Invesco S&P SmallCap Energy ETF worth $877,000 as of its most recent filing with the SEC.

Separately, Kessler Investment Group LLC grew its stake in Invesco S&P SmallCap Energy ETF by 206.2% during the 3rd quarter. Kessler Investment Group LLC now owns 1,038 shares of the company’s stock valued at $51,000 after purchasing an additional 699 shares in the last quarter.

Invesco S&P SmallCap Energy ETF Stock Down 0.8 %

PSCE stock opened at $48.49 on Wednesday. The company has a market capitalization of $85.34 million, a PE ratio of 34.07 and a beta of 1.95. The stock’s 50 day moving average is $50.84 and its two-hundred day moving average is $51.39. Invesco S&P SmallCap Energy ETF has a 52-week low of $45.13 and a 52-week high of $58.38.

Invesco S&P SmallCap Energy ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.283 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This is a boost from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.19. This represents a $1.13 annualized dividend and a yield of 2.33%.

Invesco S&P SmallCap Energy ETF Profile

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.