Invesco S&P SmallCap Consumer Staples ETF (NASDAQ: PSCC - Get Free Report) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 10,572 shares, a growth of 86.8% from the February 12th total of 5,661 shares. Based on an average daily trading volume, of 9,358
PSCC holds the 25 Consumer Staples stocks in the S&P SmallCap 600 Index. Its expense ratio is 0.29% and the ETF has $48 million in assets under management. Despite its unpopularity, PSCC has outperformed XLP, its large-cap counterpart, since its inception in April 2010. However, it's struggled since 2024, which I attribute to its unappealing fundamentals. Namely, PSCC's growth rates have dried up, and its margin of safety is much lower than XLP's due to mid-single-digit net and free cash flow margins.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| KRW Kenneth R. Wink Summit Financial Consulting LLC | 11,535 | $391,923.44 | $375,579.6 | -$16,343.84 | -4.17% |
| NASDAQ (NMS) Exchange | US Country |
The company operates an investment fund that focuses on providing investors with exposure to the consumer staples sector within the small-capitalization segment of the U.S. equity market. It primarily targets securities that are part of the underlying index, which S&P Dow Jones Indices, LLC meticulously compiles, maintains, and calculates. This index aims to accurately represent the performance of small-cap U.S. companies involved in the consumer staples industry, based on the classifications provided by the Global Industry Classification Standard. The fund commits to investing at least 90% of its total assets in the constituents of the said index, adhering strictly to its established guidelines and procedures. Despite being non-diversified, meaning it may concentrate its investments more in securities of fewer issuers than a diversified fund, the primary goal is to mirror the index's performance as closely as possible, offering investors a specialized and focused investment opportunity in the small-cap consumer staples sector.
This product allows investors to gain exposure to the performance of small-capitalization U.S. companies within the consumer staples sector. By investing predominantly in securities that make up the underlying index, the fund seeks to replicate its performance, providing a focused investment strategy in a specific segment of the market. The underlying index, which is managed by S&P Dow Jones Indices, LLC, serves as a benchmark for evaluating the fund's performance, ensuring that investment decisions align with the goal of mirroring the index's returns. This approach offers a straightforward, transparent investment option for those looking to invest specifically in the small-cap consumer staples sector.