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

Shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) were down 0.7% during mid-day trading on Monday . The company traded as low as $101.69 and last traded at $101.69. Approximately 154 shares changed hands 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 Price Performance

The firm has a market capitalization of $27.46 million, a P/E ratio of 11.83 and a beta of 1.42. The company’s 50 day moving average price is $104.24 and its 200 day moving average price is $103.78.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

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

Hedge Funds Weigh In On Invesco S&P SmallCap Consumer Discretionary ETF

Several hedge funds have recently added to or reduced their stakes in the company. Gladstone Institutional Advisory LLC bought a new position in Invesco S&P SmallCap Consumer Discretionary ETF in the fourth quarter valued at approximately $489,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the fourth quarter worth $1,562,000. Beacon Pointe Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the fourth quarter worth $204,000. Virtu Financial LLC increased its holdings in Invesco S&P SmallCap Consumer Discretionary ETF by 88.6% in the first quarter. Virtu Financial LLC now owns 15,260 shares of the company’s stock valued at $1,664,000 after purchasing an additional 7,167 shares during the last quarter. Finally, Narus Financial Partners LLC lifted its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 6.8% in the second quarter. Narus Financial Partners LLC now owns 2,521 shares of the company’s stock valued at $254,000 after buying an additional 161 shares during the period.

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.