Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Shares Up 0.8% – Should You Buy?

Shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) rose 0.8% during trading on Thursday. The stock traded as high as $107.94 and last traded at $107.8010. Approximately 265 shares were traded during mid-day trading, a decline of 90% from the average session volume of 2,632 shares. The stock had previously closed at $106.91.

Invesco S&P SmallCap Consumer Discretionary ETF Price Performance

The firm has a market capitalization of $22.63 million, a PE ratio of 12.91 and a beta of 1.21. The firm’s fifty day moving average is $114.53 and its two-hundred day moving average is $112.04.

Invesco S&P SmallCap Consumer Discretionary ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors 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. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.94 dividend on an annualized basis and a yield of 0.9%.

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

A hedge fund recently bought a new stake in Invesco S&P SmallCap Consumer Discretionary ETF stock. Citadel Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 2,853 shares of the company’s stock, valued at approximately $338,000. Citadel Advisors LLC owned about 1.43% of Invesco S&P SmallCap Consumer Discretionary ETF at the end of the most recent quarter.

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.