Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Shares Up 0.4% – What’s Next?

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD)’s share price shot up 0.4% during mid-day trading on Monday . The stock traded as high as $108.07 and last traded at $108.07. 435 shares were traded during mid-day trading, a decline of 93% from the average session volume of 6,324 shares. The stock had previously closed at $107.64.

Invesco S&P SmallCap Consumer Discretionary ETF Stock Up 0.4%

The firm has a market capitalization of $22.69 million, a PE ratio of 12.91 and a beta of 1.26. The firm’s fifty day simple moving average is $108.39 and its 200-day simple moving average is $107.83.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a dividend of $0.3371 per share. The ex-dividend date of this dividend was Monday, March 23rd. This is a positive change from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.29. This represents a $1.35 annualized dividend and a dividend yield of 1.2%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. EP Wealth Advisors LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the fourth quarter valued at approximately $1,231,000. Hohimer Wealth Management LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the fourth quarter valued at approximately $614,000. LPL Financial LLC raised its holdings in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 10.2% during the fourth quarter. LPL Financial LLC now owns 3,670 shares of the company’s stock valued at $385,000 after purchasing an additional 340 shares during the last quarter. Virtu Financial LLC raised its holdings in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 9.0% during the third quarter. Virtu Financial LLC now owns 14,150 shares of the company’s stock valued at $1,578,000 after purchasing an additional 1,169 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 18,166.1% during the first quarter. Jones Financial Companies Lllp now owns 10,777 shares of the company’s stock valued at $993,000 after purchasing an additional 10,718 shares during the last quarter.

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.