Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Shares Cross Above 200-Day Moving Average – Time to Sell?

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $128.04 and traded as high as $149.31. Invesco S&P SmallCap Industrials ETF shares last traded at $147.69, with a volume of 22,390 shares changing hands.

Invesco S&P SmallCap Industrials ETF Price Performance

The stock has a market cap of $217.43 million, a price-to-earnings ratio of 18.19 and a beta of 1.24. The firm has a 50 day simple moving average of $135.91 and a two-hundred day simple moving average of $128.34.

Invesco S&P SmallCap Industrials ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a $0.318 dividend. This is a positive change from Invesco S&P SmallCap Industrials ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.27 annualized dividend and a dividend yield of 0.87%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Stifel Financial Corp raised its stake in shares of Invesco S&P SmallCap Industrials ETF by 1.3% in 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 period. Riggs Asset Managment Co. Inc. bought a new position in shares of Invesco S&P SmallCap Industrials ETF during the 3rd quarter worth approximately $28,000. Harbor Capital Advisors Inc. bought a new position in shares of Invesco S&P SmallCap Industrials ETF during the 2nd quarter worth approximately $73,000. Valley National Advisers Inc. raised its holdings in shares of Invesco S&P SmallCap Industrials ETF by 28.2% in the third quarter. Valley National Advisers Inc. now owns 3,136 shares of the company’s stock valued at $414,000 after purchasing an additional 690 shares during the last quarter. Finally, Bogart Wealth LLC grew its holdings in shares of Invesco S&P SmallCap Industrials ETF by 6.1% in the 3rd quarter. Bogart Wealth LLC now owns 16,503 shares of the company’s stock valued at $2,183,000 after acquiring an additional 955 shares in the last quarter.

About Invesco S&P SmallCap Industrials ETF

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.