Virtu Financial LLC Sells 7,499 Shares of Invesco S&P SmallCap Materials ETF $PSCM

Virtu Financial LLC decreased its holdings in Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) by 45.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,894 shares of the company’s stock after selling 7,499 shares during the period. Virtu Financial LLC owned approximately 0.06% of Invesco S&P SmallCap Materials ETF worth $748,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in Invesco S&P SmallCap Materials ETF in the 2nd quarter worth $53,000. Jane Street Group LLC purchased a new stake in Invesco S&P SmallCap Materials ETF during the fourth quarter valued at about $226,000. Finally, Citadel Advisors LLC purchased a new stake in Invesco S&P SmallCap Materials ETF during the third quarter valued at about $243,000.

Invesco S&P SmallCap Materials ETF Trading Down 0.1%

Shares of NASDAQ:PSCM opened at $106.42 on Tuesday. The stock has a market capitalization of $21.28 million, a P/E ratio of 17.06 and a beta of 1.01. The stock’s 50-day moving average price is $104.49 and its 200-day moving average price is $97.04. Invesco S&P SmallCap Materials ETF has a 12-month low of $66.90 and a 12-month high of $110.02.

Invesco S&P SmallCap Materials ETF Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 22nd will be paid a $0.2677 dividend. This represents a $1.07 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, June 22nd.

Invesco S&P SmallCap Materials ETF Company Profile

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. The Index is a subset of the S&P SmallCap 600 Index, which is a float-adjusted, market capitalization-weighted index reflecting the United States small-cap market.