Kessler Investment Group LLC Buys 699 Shares of Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE)

Kessler Investment Group LLC boosted its position in Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) by 206.2% in the third quarter, HoldingsChannel.com reports. The firm owned 1,038 shares of the company’s stock after acquiring an additional 699 shares during the period. Kessler Investment Group LLC’s holdings in Invesco S&P SmallCap Energy ETF were worth $51,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Commonwealth Equity Services LLC grew its position in shares of Invesco S&P SmallCap Energy ETF by 5.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 25,120 shares of the company’s stock worth $1,401,000 after buying an additional 1,347 shares during the last quarter. Blair William & Co. IL lifted its position in Invesco S&P SmallCap Energy ETF by 3.9% during the second quarter. Blair William & Co. IL now owns 18,173 shares of the company’s stock valued at $956,000 after acquiring an additional 687 shares during the last quarter. Jaffetilchin Investment Partners LLC acquired a new stake in Invesco S&P SmallCap Energy ETF in the first quarter valued at approximately $308,000. PFG Advisors purchased a new position in Invesco S&P SmallCap Energy ETF in the first quarter worth $364,000. Finally, U.S. Capital Wealth Advisors LLC increased its position in shares of Invesco S&P SmallCap Energy ETF by 6.2% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 15,281 shares of the company’s stock worth $804,000 after purchasing an additional 896 shares in the last quarter.

Invesco S&P SmallCap Energy ETF Trading Up 0.2 %

Shares of PSCE traded up $0.11 during midday trading on Tuesday, hitting $49.11. 1,176 shares of the company’s stock traded hands, compared to its average volume of 29,105. Invesco S&P SmallCap Energy ETF has a 1 year low of $45.13 and a 1 year high of $58.38. The firm’s fifty day moving average is $50.30 and its 200-day moving average is $52.60. The stock has a market capitalization of $85.45 million, a price-to-earnings ratio of 34.07 and a beta of 1.95.

Invesco S&P SmallCap Energy ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.283 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.13 annualized dividend and a dividend yield of 2.31%. This is an increase from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.19.

About Invesco S&P SmallCap Energy ETF

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.