PSCD - （Invesco S&P SmallCap Consumer Discretionary ETF）

Exchange-traded funds (ETFs) can play a key role in helping you build a diversified portfolio. ETFs provide exposure to dozens of stocks in a sector or index. But like any asset class, some ETFs are better than others. In this article, we’ll look at some of the best consumer discretionary ETFs to buy for long-term investors. The consumer discretionary sector is made up of companies that produce “nice to have” but not “must have” products. Not surprisingly, it was one of the worst performing sectors in 2022. With inflation remaining at 40-year highs and interest rates rising sharply, consumers felt the pinch. And those who may have had discretionary income to spend shifted from buying things to buying experiences, especially vacations. Early in 2023, travel demand is still strong. But the outlook for consumer discretionary stocks is unclear. The pace and direction of both inflation and interest rates, along with the resilience of American consumer, will certainly be factors. On the other hand, some analysts believe that the valuations of a portion of the stocks in this sector are now too low.

Goldman Sachs Group Inc. lowered its position in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) by 85.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,036 shares of the companys stock after selling 65,830 shares during the period. Goldman [] The post Goldman Sachs Group Inc. Sells 65,830 Shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) appeared first on ETF Daily News .

Flow Traders U.S. LLC lessened its holdings in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) by 59.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 15,845 shares of the companys stock after selling 22,949 shares during the quarter. Flow Traders U.S. LLCs holdings in Invesco S&P SmallCap Consumer Discretionary ETF []

Steward Partners Investment Advisory LLC boosted its position in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) by 383.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 1,132 shares of the companys stock after acquiring an additional 898 shares during the period. Steward Partners Investment Advisory LLCs holdings in Invesco S&P []