Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Shares Up 0% – Should You Buy?

Shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) shot up 0% during trading on Wednesday . The stock traded as high as $122.51 and last traded at $122.5715. 68 shares were traded during trading, a decline of 98% from the average daily volume of 3,234 shares. The stock had previously closed at $122.57.

Invesco S&P SmallCap Consumer Discretionary ETF Stock Performance

The company has a market cap of $24.51 million, a P/E ratio of 12.91 and a beta of 1.20. The firm’s fifty day moving average is $115.57 and its two-hundred day moving average is $111.05.

Invesco S&P SmallCap Consumer Discretionary ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a $0.2943 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.0%.

Institutional Investors Weigh In On Invesco S&P SmallCap Consumer Discretionary ETF

Institutional investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp boosted its holdings in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 18,166.1% during the 1st 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. EP Wealth Advisors LLC lifted its position in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 6.9% in the second quarter. EP Wealth Advisors LLC now owns 11,357 shares of the company’s stock worth $1,143,000 after buying an additional 735 shares in the last quarter. Virtu Financial LLC grew its holdings in Invesco S&P SmallCap Consumer Discretionary ETF by 9.0% during the 3rd quarter. Virtu Financial LLC now owns 14,150 shares of the company’s stock valued at $1,578,000 after buying an additional 1,169 shares in the last quarter. LPL Financial LLC increased its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 10.2% in the 4th quarter. LPL Financial LLC now owns 3,670 shares of the company’s stock worth $385,000 after acquiring an additional 340 shares during the last quarter. Finally, Hohimer Wealth Management LLC purchased a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the 4th quarter worth approximately $614,000.

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.