Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Trading Up 1% – What’s Next?

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) shot up 1% during trading on Friday . The company traded as high as $117.61 and last traded at $117.23. 839 shares were traded during trading, a decline of 77% from the average session volume of 3,642 shares. The stock had previously closed at $116.04.

Invesco S&P SmallCap Consumer Discretionary ETF Stock Up 1.0%

The firm’s 50 day moving average is $110.94 and its 200-day moving average is $109.86. The firm has a market cap of $23.45 million, a PE ratio of 12.91 and a beta of 1.19.

Invesco S&P SmallCap Consumer Discretionary ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.2943 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.18 annualized dividend and a dividend yield of 1.0%.

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

Several institutional investors have recently added to or reduced their stakes in PSCD. LPL Financial LLC grew its holdings in Invesco S&P SmallCap Consumer Discretionary ETF by 10.2% in the 4th quarter. LPL Financial LLC now owns 3,670 shares of the company’s stock valued at $385,000 after buying an additional 340 shares during the period. Hohimer Wealth Management LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the 4th quarter worth about $614,000. Jones Financial Companies Lllp lifted its holdings in shares of 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 worth $993,000 after acquiring an additional 10,718 shares during the period. EP Wealth Advisors LLC lifted its holdings in shares of 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 worth $1,143,000 after acquiring an additional 735 shares during the period. Finally, Parr Mcknight Wealth Management Group LLC acquired a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the first quarter worth approximately $1,216,000.

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.