Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD)’s stock price crossed 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 changing hands.

Invesco S&P SmallCap Consumer Discretionary ETF Price Performance

The stock’s 50-day simple moving average is $111.48 and its two-hundred day simple moving average is $111.70. The firm has a market capitalization of $24.03 million, a P/E ratio of 12.91 and a beta of 1.21.

Invesco S&P SmallCap Consumer Discretionary ETF Cuts Dividend

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

Institutional Investors 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 purchased a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,853 shares of the company’s stock, valued at approximately $338,000. Citadel Advisors LLC owned 1.43% of Invesco S&P SmallCap Consumer Discretionary ETF as of its most recent SEC filing.

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.