Financial Advocates Investment Management Boosts Holdings in Invesco S&P SmallCap Quality ETF (BATS:XSHQ)

Financial Advocates Investment Management raised its holdings in shares of Invesco S&P SmallCap Quality ETF (BATS:XSHQ) by 3.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,491 shares of the company’s stock after buying an additional 646 shares during the period. Financial Advocates Investment Management owned about 0.47% of Invesco S&P SmallCap Quality ETF worth $680,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in XSHQ. TD Capital Management LLC increased its stake in shares of Invesco S&P SmallCap Quality ETF by 29.7% in the 4th quarter. TD Capital Management LLC now owns 1,305 shares of the company’s stock worth $52,000 after purchasing an additional 299 shares in the last quarter. Comerica Bank purchased a new stake in Invesco S&P SmallCap Quality ETF in the 1st quarter worth approximately $54,000. Northwest Financial Advisors purchased a new stake in Invesco S&P SmallCap Quality ETF in the 4th quarter worth approximately $60,000. Mather Group LLC. bought a new stake in Invesco S&P SmallCap Quality ETF during the 1st quarter worth approximately $145,000. Finally, Roman Butler Fullerton & Co. purchased a new stake in shares of Invesco S&P SmallCap Quality ETF in the second quarter worth $243,000.

Invesco S&P SmallCap Quality ETF Stock Performance

XSHQ opened at $42.12 on Friday. The stock has a market cap of $157.11 million, a price-to-earnings ratio of 9.60 and a beta of 1.08. The firm’s fifty day moving average is $40.59 and its 200 day moving average is $40.17. Invesco S&P SmallCap Quality ETF has a fifty-two week low of $24.22 and a fifty-two week high of $28.90.

Invesco S&P SmallCap Quality ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a dividend of $0.1036 per share. The ex-dividend date of this dividend was Monday, June 24th.

Invesco S&P SmallCap Quality ETF Profile

The Invesco S&P SmallCap Quality ETF (XSHQ) is an exchange-traded fund that is based on the S&P SmallCap 600 Quality index. The fund tracks an index of US small-cap stocks selected by return-on-equity, accruals ratio, and financial leverage. Stocks are weighted by these quality factors and scaled by market-cap.