Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Trades 0.2% Higher – Here’s What You Need to Know

On January 18th, 2025, the Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) saw its shares increase by 0.2%. During trading on that day, the stock reached a peak of $110.06 before closing at $109.93. In total, around 227 shares were exchanged, which represents a significant decline of 68% compared to the average daily volume of 712 shares. Previously, the stock had ended the prior day at $109.72.

Performance Overview of Invesco S&P SmallCap Consumer Discretionary ETF

The current fifty-day simple moving average for the ETF stands at $111.96, while its two-hundred-day simple moving average is $108.05. This ETF has a market capitalization totaling $26.38 million, with a price-to-earnings ratio of 11.83 and a beta of 1.42, indicating its volatility in relation to the market.

Recent Dividend Announcement from Invesco S&P SmallCap Consumer Discretionary ETF

In a recent announcement, the firm confirmed the payment of a dividend, which was distributed on December 27th. Shareholders who held the stock as of December 23rd received a dividend of $0.2715 per share. The ex-dividend date was also set for December 23rd.

Institutional Investment in Invesco S&P SmallCap Consumer Discretionary ETF

In the third quarter, Meridian Investment Counsel Inc. made a notable move by acquiring a new position in Invesco S&P SmallCap Consumer Discretionary ETF shares. According to their latest filings with the Securities and Exchange Commission, the firm purchased 1,882 shares, valued at approximately $209,000, indicating a 0.78% ownership stake in the ETF at the close of the most recent quarter.

Understanding Invesco S&P SmallCap Consumer Discretionary ETF

The PowerShares S&P SmallCap Consumer Discretionary Portfolio aims to reflect the price and yield performance of the S&P SmallCap 600 Capped Consumer Discretionary Index. This index includes common stocks of U.S.-based consumer discretionary companies engaged in various cyclically-driven sectors, including household goods, leisure products, automotive components, and entertainment services.

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