Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Stock Price Down 0.6% – Here’s Why

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCCGet Free Report) dropped 0.6% on Monday . The company traded as low as $34.17 and last traded at $34.28. 3,721 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 10,885 shares. The stock had previously closed at $34.50.

Invesco S&P SmallCap Consumer Staples ETF Price Performance

The company has a market capitalization of $35.31 million, a P/E ratio of 14.43 and a beta of 0.60. The firm has a fifty day moving average price of $36.59 and a 200-day moving average price of $34.46.

Invesco S&P SmallCap Consumer Staples ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 21st will be issued a $0.2832 dividend. This is an increase from Invesco S&P SmallCap Consumer Staples ETF’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, September 21st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 3.3%.

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

An institutional investor recently bought a new position in Invesco S&P SmallCap Consumer Staples ETF stock. Compass Financial Management LLC purchased a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCCFree Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 11,299 shares of the company’s stock, valued at approximately $424,000. Compass Financial Management LLC owned 1.08% of Invesco S&P SmallCap Consumer Staples ETF as of its most recent SEC filing.

Invesco S&P SmallCap Consumer Staples ETF Company Profile

(Get Free Report)

PowerShares S&P SmallCap Consumer Staples 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 Consumer Staples Index (the Underlying Index). The Underlying Index consists of common stocks of United States consumer staples companies that are principally engaged in the businesses of providing consumer goods and services that have non-cyclical characteristics, including tobacco, textiles, food and beverage, and non-discretionary retail.

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