Bank of America Corp DE Cuts Position in Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD)

Bank of America Corp DE decreased its holdings in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) by 11.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,103 shares of the company’s stock after selling 550 shares during the quarter. Bank of America Corp DE owned about 1.71% of Invesco S&P SmallCap Consumer Discretionary ETF worth $447,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of PSCD. Raymond James Financial Inc. purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the fourth quarter valued at $569,000. Virtu Financial LLC acquired a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the fourth quarter worth $306,000. Finally, Tower Research Capital LLC TRC lifted its holdings in Invesco S&P SmallCap Consumer Discretionary ETF by 19.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 10,829 shares of the company’s stock worth $1,180,000 after acquiring an additional 1,730 shares during the last quarter.

Invesco S&P SmallCap Consumer Discretionary ETF Price Performance

NASDAQ:PSCD opened at $100.95 on Thursday. Invesco S&P SmallCap Consumer Discretionary ETF has a 12-month low of $79.29 and a 12-month high of $119.15. The firm has a market capitalization of $22.21 million, a P/E ratio of 13.14 and a beta of 1.42. The business has a 50 day simple moving average of $92.55 and a 200 day simple moving average of $101.87.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.3319 dividend. 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.

Invesco S&P SmallCap Consumer Discretionary ETF 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.