Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Stock Jumps 0.8% – Should You Buy?

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) shares rose 0.8% on Thursday. The company traded as high as $107.94 and last traded at $107.8010. Approximately 265 shares were traded during trading, a decline of 90% from the average session volume of 2,632 shares. The stock had previously closed at $106.91.

Invesco S&P SmallCap Consumer Discretionary ETF Stock Up 0.8%

The company has a market cap of $22.64 million, a PE ratio of 12.91 and a beta of 1.21. The firm’s 50-day moving average is $114.73 and its 200-day moving average is $112.07.

Invesco S&P SmallCap Consumer Discretionary ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a dividend of $0.2351 per share. This is a negative change from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.2943. The ex-dividend date was Monday, September 21st. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.9%.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Invesco S&P SmallCap Consumer Discretionary ETF stock. Citadel Advisors LLC acquired a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,853 shares of the company’s stock, valued at approximately $338,000. Citadel Advisors LLC owned approximately 1.43% of Invesco S&P SmallCap Consumer Discretionary ETF at the end of the most recent reporting period.

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.