Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Stock Price Down 0.1% – Here’s Why

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC)’s stock price traded down 0.1% during trading on Thursday . The stock traded as low as $30.63 and last traded at $30.67. 3,690 shares changed hands during trading, a decline of 43% from the average session volume of 6,502 shares. The stock had previously closed at $30.71.

Invesco S&P SmallCap Consumer Staples ETF Price Performance

The firm’s 50 day moving average is $32.37 and its 200 day moving average is $33.88. The company has a market cap of $33.74 million, a PE ratio of 14.43 and a beta of 0.60.

Invesco S&P SmallCap Consumer Staples ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were issued a $0.2168 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This is an increase from Invesco S&P SmallCap Consumer Staples ETF’s previous quarterly dividend of $0.20. This represents a $0.87 annualized dividend and a dividend yield of 2.8%.

Institutional Investors Weigh In On Invesco S&P SmallCap Consumer Staples ETF

Large investors have recently added to or reduced their stakes in the business. Founders Financial Alliance LLC bought a new position in Invesco S&P SmallCap Consumer Staples ETF in the 3rd quarter worth about $40,000. Virtu Financial LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the first quarter worth about $219,000. Cornerstone Wealth Management LLC increased its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 6.4% in the third quarter. Cornerstone Wealth Management LLC now owns 7,629 shares of the company’s stock worth $252,000 after purchasing an additional 456 shares during the last quarter. Summit Financial Consulting LLC raised its stake in Invesco S&P SmallCap Consumer Staples ETF by 14.0% in the second quarter. Summit Financial Consulting LLC now owns 8,394 shares of the company’s stock valued at $279,000 after purchasing an additional 1,033 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its position in Invesco S&P SmallCap Consumer Staples ETF by 66.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 9,884 shares of the company’s stock valued at $329,000 after purchasing an additional 3,935 shares during the last quarter.

Invesco S&P SmallCap Consumer Staples ETF Company 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.