Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Trading 0.2% Higher – Should You Buy?

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) shares shot up 0.2% during mid-day trading on Friday . The stock traded as high as $110.06 and last traded at $109.93. 227 shares were traded during mid-day trading, a decline of 68% from the average session volume of 712 shares. The stock had previously closed at $109.72.

Invesco S&P SmallCap Consumer Discretionary ETF Trading Up 0.2 %

The stock has a market capitalization of $26.38 million, a P/E ratio of 11.83 and a beta of 1.42. The stock’s 50 day simple moving average is $111.96 and its 200 day simple moving average is $108.05.

Invesco S&P SmallCap Consumer Discretionary ETF Cuts Dividend

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

Institutional Trading of Invesco S&P SmallCap Consumer Discretionary ETF

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

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.