Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Trading Down 0.2% – Should You Sell?

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) was down 0.2% during mid-day trading on Monday . The stock traded as low as $113.97 and last traded at $114.11. Approximately 667 shares were traded during trading, a decline of 6% from the average daily volume of 710 shares. The stock had previously closed at $114.31.

Invesco S&P SmallCap Consumer Discretionary ETF Stock Down 0.2%

The business’s 50 day simple moving average is $104.99 and its 200 day simple moving average is $107.16. The company has a market capitalization of $20.54 million, a PE ratio of 12.91 and a beta of 1.26.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a $0.2857 dividend. This is a boost from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.25. The ex-dividend date was Monday, December 22nd. This represents a $1.14 annualized dividend and a dividend yield of 1.0%.

Hedge Funds Weigh In On Invesco S&P SmallCap Consumer Discretionary ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in PSCD. EP Wealth Advisors LLC lifted its holdings in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 6.9% in the second 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. Virtu Financial LLC grew its holdings in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 9.0% during the third quarter. Virtu Financial LLC now owns 14,150 shares of the company’s stock valued at $1,578,000 after buying an additional 1,169 shares in the last quarter. Beacon Pointe Advisors LLC acquired a new position in Invesco S&P SmallCap Consumer Discretionary ETF during the second quarter valued at $201,000. Finally, Jones Financial Companies Lllp raised its position in Invesco S&P SmallCap Consumer Discretionary ETF by 18,166.1% during the first quarter. Jones Financial Companies Lllp now owns 10,777 shares of the company’s stock valued at $993,000 after buying an additional 10,718 shares during the period.

Invesco S&P SmallCap Consumer Discretionary ETF Company Profile

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.