Virtu Financial LLC Increases Stock Position in Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU)

Virtu Financial LLC lifted its stake in shares of Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) by 181.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,285 shares of the company’s stock after acquiring an additional 5,984 shares during the period. Virtu Financial LLC owned 3.44% of Invesco S&P SmallCap Utilities & Communication Services ETF worth $550,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC purchased a new stake in Invesco S&P SmallCap Utilities & Communication Services ETF in the third quarter valued at approximately $413,000. D.A. Davidson & CO. purchased a new position in Invesco S&P SmallCap Utilities & Communication Services ETF in the third quarter valued at approximately $604,000. Finally, SMART Wealth LLC acquired a new position in Invesco S&P SmallCap Utilities & Communication Services ETF during the third quarter valued at approximately $784,000.

Invesco S&P SmallCap Utilities & Communication Services ETF Trading Down 0.9 %

Shares of NASDAQ PSCU opened at $57.52 on Wednesday. The company has a market cap of $15.53 million, a P/E ratio of 18.27 and a beta of 0.77. Invesco S&P SmallCap Utilities & Communication Services ETF has a 12-month low of $48.23 and a 12-month high of $67.23. The stock has a fifty day moving average price of $58.66 and a 200 day moving average price of $60.20.

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

The firm also recently announced a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be paid a dividend of $0.1078 per share. The ex-dividend date of this dividend is Monday, March 24th.

Invesco S&P SmallCap Utilities & Communication Services ETF Company Profile

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.