Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) Stock Price Up 0.4%

Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) shares rose 0.4% during mid-day trading on Tuesday . The company traded as high as $41.46 and last traded at $41.46, approximately 100 shares were traded during trading. A decline of 96% from the average daily volume of 2,419 shares. The stock had previously closed at $41.28.

The stock has a 50-day moving average of $44.73.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Wrapmanager Inc. purchased a new position in Invesco S&P SmallCap Materials ETF in the 1st quarter worth approximately $705,000. Concentrum Wealth Management purchased a new position in shares of Invesco S&P SmallCap Materials ETF during the 1st quarter valued at approximately $210,000. Finally, Virtu Financial LLC boosted its stake in shares of Invesco S&P SmallCap Materials ETF by 13.1% during the 1st quarter. Virtu Financial LLC now owns 11,529 shares of the company’s stock valued at $547,000 after buying an additional 1,331 shares during the last quarter.

Invesco S&P SmallCap Materials ETF Company Profile (NASDAQ:PSCM)

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.

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