Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Trading 1.5% Higher – What’s Next?

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD)’s share price shot up 1.5% on Tuesday . The company traded as high as $107.25 and last traded at $107.00. 1,638 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 4,584 shares. The stock had previously closed at $105.42.

Invesco S&P SmallCap Consumer Discretionary ETF Stock Performance

The company has a market capitalization of $22.47 million, a P/E ratio of 12.91 and a beta of 1.23. The firm’s fifty day moving average is $105.79 and its 200 day moving average is $107.56.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.3371 dividend. This is a positive change from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Monday, March 23rd. 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

Large investors have recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its position 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 stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the 4th quarter worth approximately $614,000. Jones Financial Companies Lllp lifted its position in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 18,166.1% in the 1st quarter. Jones Financial Companies Lllp now owns 10,777 shares of the company’s stock worth $993,000 after purchasing an additional 10,718 shares during the period. EP Wealth Advisors LLC lifted its position in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 6.9% in the 2nd quarter. EP Wealth Advisors LLC now owns 11,357 shares of the company’s stock worth $1,143,000 after purchasing an additional 735 shares during the period. Finally, Parr Mcknight Wealth Management Group LLC purchased a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the 1st 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.