Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) Position Lowered by Fis Group Inc.

Fis Group Inc. decreased its stake in Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) by 26.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,367 shares of the company’s stock after selling 3,331 shares during the period. Fis Group Inc. owned approximately 0.67% of Invesco S&P SmallCap Consumer Discretionary ETF worth $642,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wells Fargo & Company MN lifted its stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 0.9% in the second quarter. Wells Fargo & Company MN now owns 815,500 shares of the company’s stock valued at $53,700,000 after purchasing an additional 6,884 shares during the period. Niemann Capital Management Inc. acquired a new position in Invesco S&P SmallCap Consumer Discretionary ETF during the second quarter worth about $17,329,000. Envestnet Asset Management Inc. raised its position in Invesco S&P SmallCap Consumer Discretionary ETF by 35,134.8% during the second quarter. Envestnet Asset Management Inc. now owns 107,466 shares of the company’s stock worth $7,078,000 after acquiring an additional 107,161 shares during the last quarter. Bank of America Corp DE raised its position in Invesco S&P SmallCap Consumer Discretionary ETF by 8.6% during the second quarter. Bank of America Corp DE now owns 14,916 shares of the company’s stock worth $982,000 after acquiring an additional 1,177 shares during the last quarter. Finally, LPL Financial LLC acquired a new position in Invesco S&P SmallCap Consumer Discretionary ETF during the first quarter worth about $215,000.

PSCD traded up $0.07 during midday trading on Friday, reaching $61.75. 900 shares of the company’s stock were exchanged, compared to its average volume of 9,355. Invesco S&P SmallCap Consumer Discretionary ETF has a 1-year low of $53.58 and a 1-year high of $72.14.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 28th. Shareholders of record on Tuesday, September 25th were given a dividend of $0.2143 per share. The ex-dividend date of this dividend was Monday, September 24th. This represents a $0.86 dividend on an annualized basis and a yield of 1.39%. This is a boost from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.16.

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.

Read More: Understanding Compound Annual Growth Rate (CAGR)

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

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