Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Shares Down 1.3% – Should You Sell?

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC)’s share price traded down 1.3% during trading on Friday. The company traded as low as $36.23 and last traded at $36.61. Approximately 4,365 shares changed hands during trading, a decline of 59% from the average session volume of 10,546 shares. The stock had previously closed at $37.11.

Invesco S&P SmallCap Consumer Staples ETF Price Performance

The firm has a market capitalization of $39.54 million, a PE ratio of 24.40 and a beta of 0.63. The firm has a 50-day simple moving average of $34.97 and a 200-day simple moving average of $34.48.

Invesco S&P SmallCap Consumer Staples ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a $0.2832 dividend. This is a boost from Invesco S&P SmallCap Consumer Staples ETF’s previous quarterly dividend of $0.1158. The ex-dividend date was Monday, September 21st. This represents a $1.13 annualized dividend and a dividend yield of 3.1%.

Hedge Funds Weigh In On Invesco S&P SmallCap Consumer Staples ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Envestnet Asset Management Inc. purchased a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the 2nd quarter worth $214,000. Parr Mcknight Wealth Management Group LLC bought a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF during the 1st quarter valued at $223,000. Compass Financial Management LLC purchased a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF in the 2nd quarter worth $424,000. Finally, Integrity Alliance LLC. purchased a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF in the 3rd quarter worth $399,000.

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.