Cassaday & Co Wealth Management LLC Buys New Holdings in Invesco S&P SmallCap Consumer Staples ETF $PSCC

Cassaday & Co Wealth Management LLC bought a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 20,000 shares of the company’s stock, valued at approximately $622,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cornerstone Wealth Management LLC raised its stake in Invesco S&P SmallCap Consumer Staples ETF by 6.4% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 7,629 shares of the company’s stock valued at $252,000 after purchasing an additional 456 shares during the period. Bank of America Corp DE raised its stake in Invesco S&P SmallCap Consumer Staples ETF by 6.8% during the 3rd quarter. Bank of America Corp DE now owns 14,391 shares of the company’s stock valued at $474,000 after purchasing an additional 917 shares during the period. Raymond James Financial Inc. raised its stake in Invesco S&P SmallCap Consumer Staples ETF by 4.6% during the 2nd quarter. Raymond James Financial Inc. now owns 22,152 shares of the company’s stock valued at $737,000 after purchasing an additional 976 shares during the period. Founders Financial Alliance LLC bought a new stake in Invesco S&P SmallCap Consumer Staples ETF during the 3rd quarter valued at approximately $40,000. Finally, Ameriprise Financial Inc. raised its stake in Invesco S&P SmallCap Consumer Staples ETF by 13.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 14,081 shares of the company’s stock valued at $468,000 after purchasing an additional 1,693 shares during the period.

Invesco S&P SmallCap Consumer Staples ETF Trading Up 0.2%

Shares of PSCC opened at $33.00 on Friday. The business’s 50 day moving average is $32.72 and its 200 day moving average is $32.48. The company has a market capitalization of $33.66 million, a PE ratio of 14.43 and a beta of 0.63. Invesco S&P SmallCap Consumer Staples ETF has a 12-month low of $30.60 and a 12-month high of $36.65.

Invesco S&P SmallCap Consumer Staples ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, March 23rd.

Invesco S&P SmallCap Consumer Staples ETF Company Profile

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.