Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Trading 0.4% Higher – Here’s Why

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD)’s share price traded up 0.4% during mid-day trading on Monday . The stock traded as high as $108.07 and last traded at $108.07. 435 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 6,324 shares. The stock had previously closed at $107.64.

Invesco S&P SmallCap Consumer Discretionary ETF Trading Up 0.3%

The company’s 50 day moving average is $108.33 and its 200-day moving average is $107.81. The company has a market capitalization of $22.76 million, a P/E ratio of 12.91 and a beta of 1.26.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.3371 dividend. This represents a $1.35 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Monday, March 23rd. This is a positive change from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.29.

Institutional Trading of Invesco S&P SmallCap Consumer Discretionary ETF

A number of institutional investors and hedge funds have recently bought and sold shares of PSCD. LPL Financial LLC increased its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 10.2% during the 4th quarter. LPL Financial LLC now owns 3,670 shares of the company’s stock valued at $385,000 after purchasing an additional 340 shares in the last quarter. Hohimer Wealth Management LLC bought a new stake in Invesco S&P SmallCap Consumer Discretionary ETF during the 4th quarter valued at about $614,000. Jones Financial Companies Lllp increased its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 18,166.1% during the 1st quarter. Jones Financial Companies Lllp now owns 10,777 shares of the company’s stock valued at $993,000 after purchasing an additional 10,718 shares in the last quarter. EP Wealth Advisors LLC increased its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 6.9% during the 2nd quarter. EP Wealth Advisors LLC now owns 11,357 shares of the company’s stock valued at $1,143,000 after purchasing an additional 735 shares in the last quarter. Finally, Virtu Financial LLC increased its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 9.0% during the 3rd quarter. Virtu Financial LLC now owns 14,150 shares of the company’s stock valued at $1,578,000 after purchasing an additional 1,169 shares in the last quarter.

About Invesco S&P SmallCap Consumer Discretionary ETF

PowerShares S&P SmallCap Consumer Discretionary 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 Consumer Discretionary Index (the Underlying Index). The Underlying Index consists of common stocks of the United States consumer discretionary companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including, but not limited to, household durables, leisure products and services, computers and electronics, automobiles and auto components, hotel and restaurant services, and television and other entertainment goods and services.