LPL Financial LLC Reduces Stake in Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC)

LPL Financial LLC lowered its holdings in Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) by 8.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 18,748 shares of the company’s stock after selling 1,656 shares during the quarter. LPL Financial LLC owned about 0.78% of Invesco S&P SmallCap Consumer Staples ETF worth $2,039,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in PSCC. Newbridge Financial Services Group Inc. purchased a new position in Invesco S&P SmallCap Consumer Staples ETF during the 2nd quarter worth approximately $135,000. Cambridge Investment Research Advisors Inc. grew its stake in Invesco S&P SmallCap Consumer Staples ETF by 23.6% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 37,411 shares of the company’s stock worth $4,069,000 after buying an additional 7,136 shares during the last quarter. Pacific Sun Financial Corp purchased a new position in Invesco S&P SmallCap Consumer Staples ETF during the 2nd quarter worth approximately $2,252,000. Ameriprise Financial Inc. grew its stake in Invesco S&P SmallCap Consumer Staples ETF by 69.2% during the 1st quarter. Ameriprise Financial Inc. now owns 8,353 shares of the company’s stock worth $919,000 after buying an additional 3,416 shares during the last quarter. Finally, Harbour Investments Inc. grew its stake in Invesco S&P SmallCap Consumer Staples ETF by 38.2% during the 1st quarter. Harbour Investments Inc. now owns 890 shares of the company’s stock worth $98,000 after buying an additional 246 shares during the last quarter.

Invesco S&P SmallCap Consumer Staples ETF Stock Down 0.1 %

NASDAQ:PSCC opened at $33.49 on Friday. The stock’s 50 day moving average price is $34.54 and its 200 day moving average price is $35.61. The company has a market capitalization of $78.70 million, a PE ratio of 19.80 and a beta of 0.70. Invesco S&P SmallCap Consumer Staples ETF has a 52-week low of $32.80 and a 52-week high of $38.50.

Invesco S&P SmallCap Consumer Staples ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 22nd. Shareholders of record on Tuesday, September 19th were paid a $0.1452 dividend. The ex-dividend date of this dividend was Monday, September 18th. This represents a $0.58 annualized dividend and a dividend yield of 1.73%.

Invesco S&P SmallCap Consumer Staples ETF Profile

PowerShares S&P SmallCap Consumer Staples Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped Consumer Staples Index (the Underlying Index). The Underlying Index consists of common stocks of United States consumer staples companies that are principally engaged in the businesses of providing consumer goods and services that have non-cyclical characteristics, including tobacco, textiles, food and beverage, and non-discretionary retail.