Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Trading Down 0.1%

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD – Get Rating)’s stock price dropped 0.1% during trading on Wednesday . The stock traded as low as $84.76 and last traded at $85.30. Approximately 635 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 2,390 shares. The stock had previously closed at $85.40.

Invesco S&P SmallCap Consumer Discretionary ETF Price Performance

The stock has a market cap of $24.62 million, a P/E ratio of 6.79 and a beta of 1.42. The company’s 50 day simple moving average is $86.95 and its 200 day simple moving average is $88.15.

Invesco S&P SmallCap Consumer Discretionary ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 24th. Shareholders of record on Tuesday, March 21st were paid a $0.329 dividend. The ex-dividend date was Monday, March 20th. This represents a $1.32 dividend on an annualized basis and a yield of 1.55%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Flow Traders U.S. LLC lifted its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 8.4% in the first quarter. Flow Traders U.S. LLC now owns 14,628 shares of the company’s stock valued at $1,355,000 after buying an additional 1,131 shares in the last quarter. LPL Financial LLC lifted its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 35.4% in the first quarter. LPL Financial LLC now owns 8,047 shares of the company’s stock valued at $713,000 after buying an additional 2,105 shares in the last quarter. Susquehanna International Group LLP lifted its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 85.1% in the fourth quarter. Susquehanna International Group LLP now owns 8,790 shares of the company’s stock valued at $693,000 after buying an additional 4,042 shares in the last quarter. Citadel Advisors LLC bought a new position in Invesco S&P SmallCap Consumer Discretionary ETF in the third quarter valued at approximately $393,000. Finally, Gladstone Institutional Advisory LLC acquired a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the 1st quarter valued at about $350,000.

Invesco S&P SmallCap Consumer Discretionary ETF Company Profile

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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.