Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Trading Down 0.3% – Here’s Why

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD)’s share price traded down 0.3% on Thursday . The stock traded as low as $109.39 and last traded at $109.3640. Approximately 114 shares changed hands during trading, a decline of 96% from the average session volume of 2,808 shares. The stock had previously closed at $109.68.

Invesco S&P SmallCap Consumer Discretionary ETF Trading Down 0.3%

The company’s 50-day simple moving average is $117.74 and its 200 day simple moving average is $111.86. The stock has a market cap of $2.19 million, a P/E ratio of 12.91 and a beta of 1.20.

Institutional Investors Weigh In On Invesco S&P SmallCap Consumer Discretionary ETF

An institutional investor recently bought a new position in Invesco S&P SmallCap Consumer Discretionary ETF stock. Parr Mcknight Wealth Management Group LLC bought a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) during the first quarter, according to its most recent filing with the SEC. The fund bought 11,837 shares of the company’s stock, valued at approximately $1,216,000. Parr Mcknight Wealth Management Group LLC owned 5.64% of Invesco S&P SmallCap Consumer Discretionary ETF at the end of the most recent reporting period.

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.