Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD)’s share price passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $111.70 and traded as high as $114.66. Invesco S&P SmallCap Consumer Discretionary ETF shares last traded at $114.4290, with a volume of 260 shares trading hands.

Invesco S&P SmallCap Consumer Discretionary ETF Stock Performance

The stock has a market cap of $23.90 million, a PE ratio of 12.91 and a beta of 1.21. The stock’s 50-day moving average is $111.39 and its two-hundred day moving average is $111.70.

Invesco S&P SmallCap Consumer Discretionary ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a dividend of $0.2351 per share. This is a decrease from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.2943. This represents a $0.94 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, September 21st.

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

An institutional investor recently raised its position in Invesco S&P SmallCap Consumer Discretionary ETF stock. Parr Mcknight Wealth Management Group LLC increased its position in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) by 0.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,055 shares of the company’s stock after acquiring an additional 92 shares during the period. Parr Mcknight Wealth Management Group LLC owned about 6.22% of Invesco S&P SmallCap Consumer Discretionary ETF worth $1,397,000 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.