Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Trading Down 0.7%

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD)’s stock price dropped 0.7% during trading on Monday . The company traded as low as $101.69 and last traded at $101.69. Approximately 154 shares were traded during trading, a decline of 93% from the average daily volume of 2,287 shares. The stock had previously closed at $102.36.

Invesco S&P SmallCap Consumer Discretionary ETF Stock Down 0.0 %

The stock has a market cap of $27.36 million, a P/E ratio of 11.83 and a beta of 1.42. The company’s 50 day moving average price is $104.35 and its two-hundred day moving average price is $103.74.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a $0.3318 dividend. This represents a $1.33 annualized dividend and a dividend yield of 1.31%. This is a boost from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.33. The ex-dividend date was Monday, June 24th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Narus Financial Partners LLC lifted its stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 6.8% during the 2nd quarter. Narus Financial Partners LLC now owns 2,521 shares of the company’s stock worth $254,000 after purchasing an additional 161 shares during the last quarter. Beacon Pointe Advisors LLC purchased a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the fourth quarter valued at about $204,000. Gladstone Institutional Advisory LLC purchased a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the fourth quarter valued at about $489,000. Virtu Financial LLC boosted its holdings in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 45.1% in the 2nd quarter. Virtu Financial LLC now owns 22,149 shares of the company’s stock valued at $2,231,000 after buying an additional 6,889 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the 4th quarter worth approximately $1,562,000.

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.