Wrapmanager Inc. bought a new stake in Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) during the first quarter, Holdings Channel reports. The institutional investor bought 5,955 shares of the company’s stock, valued at approximately $360,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Raymond James & Associates raised its position in Invesco S&P SmallCap Consumer Discretionary ETF by 4.6% in the fourth quarter. Raymond James & Associates now owns 5,039 shares of the company’s stock valued at $276,000 after purchasing an additional 222 shares during the period. LPL Financial LLC raised its position in Invesco S&P SmallCap Consumer Discretionary ETF by 33.2% in the third quarter. LPL Financial LLC now owns 5,620 shares of the company’s stock valued at $386,000 after purchasing an additional 1,401 shares during the period. Avitas Wealth Management LLC purchased a new stake in Invesco S&P SmallCap Consumer Discretionary ETF in the first quarter valued at approximately $204,000. Fis Group Inc. raised its position in Invesco S&P SmallCap Consumer Discretionary ETF by 41.8% in the fourth quarter. Fis Group Inc. now owns 13,287 shares of the company’s stock valued at $727,000 after purchasing an additional 3,920 shares during the period. Finally, Innealta Capital LLC purchased a new stake in Invesco S&P SmallCap Consumer Discretionary ETF in the fourth quarter valued at approximately $1,294,000.

Shares of NASDAQ PSCD opened at $60.20 on Wednesday. Invesco S&P SmallCap Consumer Discretionary ETF has a 52-week low of $51.78 and a 52-week high of $72.14.

COPYRIGHT VIOLATION WARNING: “Wrapmanager Inc. Buys New Stake in Invesco S&P SmallCap Consumer Discretionary ETF (PSCD)” was posted by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this piece of content can be read at https://www.watchlistnews.com/wrapmanager-inc-buys-new-stake-in-invesco-sp-smallcap-consumer-discretionary-etf-pscd/3011183.html.

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.

Read More: Cost of Debt

Want to see what other hedge funds are holding PSCD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD).

Institutional Ownership by Quarter for Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD)

Receive News & Ratings for Invesco S&P SmallCap Consumer Discretionary ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P SmallCap Consumer Discretionary ETF and related companies with MarketBeat.com's FREE daily email newsletter.