Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Trading 0.2% Higher – Here’s What Happened

Shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) rose 0.2% during trading on Friday . The stock traded as high as $110.06 and last traded at $109.93. Approximately 227 shares changed hands during trading, a decline of 68% from the average daily volume of 712 shares. The stock had previously closed at $109.72.

Invesco S&P SmallCap Consumer Discretionary ETF Price Performance

The stock has a market capitalization of $26.38 million, a price-to-earnings ratio of 11.83 and a beta of 1.42. The business has a fifty day moving average of $111.96 and a 200 day moving average of $108.05.

Invesco S&P SmallCap Consumer Discretionary ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.2715 dividend. The ex-dividend date was Monday, December 23rd.

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

An institutional investor recently bought a new position in Invesco S&P SmallCap Consumer Discretionary ETF stock. Meridian Investment Counsel Inc. bought a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,882 shares of the company’s stock, valued at approximately $209,000. Meridian Investment Counsel Inc. owned 0.78% of Invesco S&P SmallCap Consumer Discretionary ETF at the end of the most recent reporting period.

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.