Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Shares Sold by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. trimmed its position in shares of Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,833 shares of the company’s stock after selling 669 shares during the period. Salem Investment Counselors Inc. owned approximately 1.56% of Invesco S&P SmallCap Industrials ETF worth $3,337,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Riggs Asset Managment Co. Inc. purchased a new stake in shares of Invesco S&P SmallCap Industrials ETF during the third quarter worth about $28,000. Kessler Investment Group LLC grew its stake in Invesco S&P SmallCap Industrials ETF by 1,255.1% during the 3rd quarter. Kessler Investment Group LLC now owns 1,057 shares of the company’s stock worth $140,000 after buying an additional 979 shares during the last quarter. Marcum Wealth LLC acquired a new stake in Invesco S&P SmallCap Industrials ETF in the third quarter worth $200,000. Source Financial Advisors LLC acquired a new stake in Invesco S&P SmallCap Industrials ETF in the third quarter worth $217,000. Finally, Harbor Capital Advisors Inc. acquired a new position in shares of Invesco S&P SmallCap Industrials ETF during the fourth quarter valued at $303,000.

Invesco S&P SmallCap Industrials ETF Price Performance

Shares of PSCI stock traded down $0.03 during trading hours on Monday, reaching $133.59. The stock had a trading volume of 5,065 shares, compared to its average volume of 14,422. The firm has a 50-day simple moving average of $141.33 and a 200-day simple moving average of $132.31. Invesco S&P SmallCap Industrials ETF has a twelve month low of $108.66 and a twelve month high of $150.72. The firm has a market capitalization of $212.41 million, a PE ratio of 18.19 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Dividend Announcement

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

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.