Narus Financial Partners LLC Decreases Stake in Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD)

Narus Financial Partners LLC lessened its stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) by 9.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,360 shares of the company’s stock after selling 249 shares during the period. Narus Financial Partners LLC owned approximately 0.59% of Invesco S&P SmallCap Consumer Discretionary ETF worth $257,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Harbor Capital Advisors Inc. raised its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 112.8% in the 4th quarter. Harbor Capital Advisors Inc. now owns 7,160 shares of the company’s stock worth $742,000 after acquiring an additional 3,796 shares during the last quarter. Beacon Pointe Advisors LLC purchased a new stake in Invesco S&P SmallCap Consumer Discretionary ETF in the fourth quarter valued at approximately $204,000. Gladstone Institutional Advisory LLC acquired a new position in Invesco S&P SmallCap Consumer Discretionary ETF in the 4th quarter worth approximately $489,000. Finally, Cambridge Investment Research Advisors Inc. purchased a new position in Invesco S&P SmallCap Consumer Discretionary ETF during the 4th quarter worth approximately $1,562,000.

Invesco S&P SmallCap Consumer Discretionary ETF Stock Down 0.4 %

Shares of PSCD traded down $0.42 during mid-day trading on Tuesday, reaching $98.59. The company had a trading volume of 181 shares, compared to its average volume of 2,870. The stock has a market capitalization of $34.51 million, a P/E ratio of 11.83 and a beta of 1.42. Invesco S&P SmallCap Consumer Discretionary ETF has a 52-week low of $78.94 and a 52-week high of $109.27. The stock has a 50 day moving average of $103.21 and a two-hundred day moving average of $102.85.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a dividend of $0.3318 per share. This is a boost from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Monday, June 24th. This represents a $1.33 dividend on an annualized basis and a dividend yield of 1.35%.

Invesco S&P SmallCap Consumer Discretionary ETF 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.