Bank of America Corp DE boosted its holdings in shares of Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) by 224.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 105,766 shares of the company’s stock after acquiring an additional 73,169 shares during the quarter. Bank of America Corp DE’s holdings in Invesco S&P SmallCap Energy ETF were worth $1,795,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Baird Financial Group Inc. grew its stake in shares of Invesco S&P SmallCap Energy ETF by 61.5% in the 2nd quarter. Baird Financial Group Inc. now owns 143,862 shares of the company’s stock valued at $2,442,000 after buying an additional 54,809 shares during the period. Cornerstone Wealth Management LLC purchased a new stake in shares of Invesco S&P SmallCap Energy ETF in the 2nd quarter valued at approximately $6,214,000. Finally, Royal Bank of Canada grew its stake in shares of Invesco S&P SmallCap Energy ETF by 207.4% in the 1st quarter. Royal Bank of Canada now owns 100,075 shares of the company’s stock valued at $1,385,000 after buying an additional 67,520 shares during the period.
Invesco S&P SmallCap Energy ETF stock opened at $13.25 on Friday. Invesco S&P SmallCap Energy ETF has a 1-year low of $12.55 and a 1-year high of $18.77.
TRADEMARK VIOLATION NOTICE: “Bank of America Corp DE Increases Position in Invesco S&P SmallCap Energy ETF (PSCE)” was originally posted by WKRB News and is owned by of WKRB News. If you are viewing this article on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark legislation. The correct version of this article can be read at https://www.wkrb13.com/2018/11/11/bank-of-america-corp-de-increases-position-in-invesco-sp-smallcap-energy-etf-psce.html.
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.
Featured Story: Index Funds
Want to see what other hedge funds are holding PSCE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE).
Receive News & Ratings for Invesco S&P SmallCap Energy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P SmallCap Energy ETF and related companies with MarketBeat.com's FREE daily email newsletter.