Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) Stock Price Up 0.7%

Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) rose 0.7% during trading on Wednesday . The stock traded as high as $46.20 and last traded at $46.20, approximately 196 shares traded hands during mid-day trading. A decline of 90% from the average daily volume of 2,006 shares. The stock had previously closed at $45.87.

The company has a 50 day simple moving average of $45.34 and a 200 day simple moving average of $43.89.

Several institutional investors and hedge funds have recently modified their holdings of PSCM. Pacific Sun Financial Corp acquired a new stake in shares of Invesco S&P SmallCap Materials ETF in the second quarter valued at approximately $243,000. Royal Bank of Canada lifted its position in shares of Invesco S&P SmallCap Materials ETF by 88.0% in the second quarter. Royal Bank of Canada now owns 22,260 shares of the company’s stock worth $1,018,000 after purchasing an additional 10,419 shares in the last quarter. Finally, Citadel Advisors LLC lifted its position in shares of Invesco S&P SmallCap Materials ETF by 376.3% in the second quarter. Citadel Advisors LLC now owns 26,612 shares of the company’s stock worth $1,225,000 after purchasing an additional 21,025 shares in the last quarter.

Invesco S&P SmallCap Materials ETF Company Profile (NASDAQ:PSCM)

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.

See Also: If I purchase shares through a brokerage account, am I the holder of record?

Receive News & Ratings for Invesco S&P SmallCap Materials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P SmallCap Materials ETF and related companies with MarketBeat.com's FREE daily email newsletter.