Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Shares Up 1.2% – What’s Next?

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC)’s stock price shot up 1.2% during trading on Monday. The company traded as high as $34.15 and last traded at $34.2140. Approximately 1,389 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 10,537 shares. The stock had previously closed at $33.80.

Invesco S&P SmallCap Consumer Staples ETF Trading Up 1.2%

The business has a 50-day moving average of $35.63 and a 200 day moving average of $34.56. The firm has a market capitalization of $34.21 million, a P/E ratio of 14.43 and a beta of 0.62.

Invesco S&P SmallCap Consumer Staples ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a dividend of $0.2832 per share. The ex-dividend date was Monday, September 21st. This is a positive change from Invesco S&P SmallCap Consumer Staples ETF’s previous quarterly dividend of $0.1158. This represents a $1.13 annualized dividend and a yield of 3.3%.

Institutional Trading of Invesco S&P SmallCap Consumer Staples ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Envestnet Asset Management Inc. purchased a new stake in Invesco S&P SmallCap Consumer Staples ETF in the 2nd quarter valued at about $214,000. Parr Mcknight Wealth Management Group LLC bought a new stake in Invesco S&P SmallCap Consumer Staples ETF in the first quarter worth about $223,000. Finally, Compass Financial Management LLC bought a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF in the 2nd quarter worth approximately $424,000.

About Invesco S&P SmallCap Consumer Staples ETF

PowerShares S&P SmallCap Consumer Staples Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped Consumer Staples Index (the Underlying Index). The Underlying Index consists of common stocks of United States consumer staples companies that are principally engaged in the businesses of providing consumer goods and services that have non-cyclical characteristics, including tobacco, textiles, food and beverage, and non-discretionary retail.