Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Shares Up 2.1% – What’s Next?

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD)’s stock price shot up 2.1% on Tuesday . The company traded as high as $107.03 and last traded at $106.91. 203 shares were traded during trading, a decline of 96% from the average session volume of 5,205 shares. The stock had previously closed at $104.76.

Invesco S&P SmallCap Consumer Discretionary ETF Stock Up 2.1%

The business’s 50-day moving average price is $106.98 and its 200 day moving average price is $107.80. The company has a market capitalization of $22.45 million, a P/E ratio of 12.91 and a beta of 1.23.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.3371 per share. The ex-dividend date was Monday, March 23rd. This is a boost from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.29. This represents a $1.35 annualized dividend and a yield of 1.3%.

Institutional Investors Weigh In On Invesco S&P SmallCap Consumer Discretionary ETF

Hedge funds have recently bought and sold shares of the stock. Parr Mcknight Wealth Management Group LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the first quarter worth approximately $1,216,000. EP Wealth Advisors LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the fourth quarter worth approximately $1,231,000. Jones Financial Companies Lllp raised its stake in shares of 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 worth $993,000 after acquiring an additional 10,718 shares in the last quarter. Hohimer Wealth Management LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the fourth quarter worth approximately $614,000. Finally, Virtu Financial LLC raised its stake 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 worth $1,578,000 after acquiring 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.