( ) saw a significant increase in short interest for the month of march. On March 31, there were 258,700 short shares, an increase of 150.2% over the total of 103 400 shares on March 15. The days-to-cover is currently 1 day based on an average trading of 272,200 share.
Invesco S&P SmallCap Energy Fund: Institutional Investors weigh in
PSCE has been modified by several hedge funds as well as other institutional investors. One Plus One Wealth Management LLC acquired a new stake of approximately $6,388,000 in Invesco S&P SmallCap Energy ETF during the third quarter. Bank of America Corp DE increased its stake in Invesco S&P SmallCap Energy ETF in the fourth-quarter by 234.6%. Bank of America Corp DE owns 600 879 shares of company stock, worth $6 117,000, after buying an additional 421,303 in the last quarter. Jane Street Group LLC increased its stake in Invesco SmallCap Energy Fund by 1,429.8% during the second quarter. Jane Street Group LLC owns 250.682 shares worth $2.181,000, after buying an additional 234,295 in the last quarter. Financial Enhancement Group LLC purchased a new Invesco SmallCap Energy ETF position during the fourth quarter, valued at approximately $2,199,000. Trading on Friday saw a decline of $0.04, bringing the price to $9.68. Stock traded 114,333 shares compared to the average of 258,381. The stock's market capitalization is $190.99 millions, with a price to earnings ratio of 12.52. It also has a beta value of 1.95. The stock's 50-day simple moving is $9.81, and its 200-day simple moving is $10.11. Invesco S&P SmallCap Energy ETF's one-year low is $7.62, and its one-year high is $12.55.
Invesco S&P SmallCap Energy Fund Announces Dividend
A quarterly dividend was also declared by the firm and paid out on Friday, 24th March. Dividends of $0.068 were paid to stockholders who had their records on the 21st March. This dividend became payable on Monday, March 20, 2019. This is a $0.27 dividend with a yield of 2.81 percent.
Invesco S&P SmallCap Energy Fund
PowerShares S&P SmallCap Energy Portfolio seeks to achieve investment results that are generally in line with the performance of the S&P SmallCap 600 Capped Energy Index. The Underlying Index is composed of common stocks from United States energy companies primarily engaged in producing, distributing, or servicing energy products. This includes oil and gas exploration, production, refinement, oil services and pipelines, as well as solar, wind, and other non-oil based energy.
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