Raymond James Financial Inc. Invests $569,000 in Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD)

Raymond James Financial Inc. bought a new position in Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,222 shares of the company’s stock, valued at approximately $569,000. Raymond James Financial Inc. owned approximately 2.18% of Invesco S&P SmallCap Consumer Discretionary ETF at the end of the most recent quarter.

Separately, Narus Financial Partners LLC boosted its position in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 57.9% during the 4th quarter. Narus Financial Partners LLC now owns 4,016 shares of the company’s stock valued at $437,000 after acquiring an additional 1,472 shares during the last quarter.

Invesco S&P SmallCap Consumer Discretionary ETF Stock Performance

Shares of PSCD opened at $83.64 on Tuesday. Invesco S&P SmallCap Consumer Discretionary ETF has a fifty-two week low of $82.15 and a fifty-two week high of $119.15. The company’s fifty day moving average is $101.37 and its 200 day moving average is $107.32. The stock has a market capitalization of $18.40 million, a PE ratio of 12.18 and a beta of 1.42.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.3319 per share. This is a boost from Invesco S&P SmallCap Consumer Discretionary ETF’s previous dividend of $0.27. The ex-dividend date was Monday, March 24th.

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.