Virtu Financial LLC Purchases Shares of 3,301 Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU)

Virtu Financial LLC bought a new stake in Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) during the third quarter, HoldingsChannel reports. The fund bought 3,301 shares of the company’s stock, valued at approximately $200,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Kessler Investment Group LLC lifted its stake in Invesco S&P SmallCap Utilities & Communication Services ETF by 423.0% during the 3rd quarter. Kessler Investment Group LLC now owns 1,135 shares of the company’s stock valued at $69,000 after acquiring an additional 918 shares during the period. Jane Street Group LLC purchased a new position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF during the third quarter worth $413,000. Finally, D.A. Davidson & CO. purchased a new position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF during the third quarter worth $604,000.

Invesco S&P SmallCap Utilities & Communication Services ETF Stock Performance

NASDAQ:PSCU opened at $59.23 on Thursday. The firm’s fifty day moving average is $62.59 and its two-hundred day moving average is $57.68. The firm has a market cap of $20.14 million, a price-to-earnings ratio of 22.59 and a beta of 0.77. Invesco S&P SmallCap Utilities & Communication Services ETF has a one year low of $48.23 and a one year high of $67.23.

Invesco S&P SmallCap Utilities & Communication Services ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.196 dividend. This is an increase from Invesco S&P SmallCap Utilities & Communication Services ETF’s previous quarterly dividend of $0.01. The ex-dividend date was Monday, September 23rd. This represents a $0.78 dividend on an annualized basis and a dividend yield of 1.32%.

About Invesco S&P SmallCap Utilities & Communication Services ETF

PowerShares S&P SmallCap Utilities Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped Utilities & Telecom Services Index (the Underlying Index). The Underlying Index consists of common stocks of United States utility companies.