Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) Trading Down 7.8% – What’s Next?

Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD)’s share price fell 7.8% during trading on Monday . The stock traded as low as $14.53 and last traded at $13.30. 45,260 shares changed hands during trading, a decline of 16% from the average session volume of 53,893 shares. The stock had previously closed at $14.42.

Invesco S&P SmallCap High Dividend Low Volatility ETF Trading Down 7.8%

The firm has a market capitalization of $72.06 million, a PE ratio of 13.06 and a beta of 1.02. The firm has a 50 day simple moving average of $13.47 and a 200 day simple moving average of $13.36.

Institutional Investors Weigh In On Invesco S&P SmallCap High Dividend Low Volatility ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC grew its position in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 23.9% in the first quarter. Farther Finance Advisors LLC now owns 5,187 shares of the company’s stock valued at $72,000 after purchasing an additional 1,000 shares in the last quarter. Bank of America Corp DE grew its holdings in Invesco S&P SmallCap High Dividend Low Volatility ETF by 90.2% in the 4th quarter. Bank of America Corp DE now owns 7,992 shares of the company’s stock valued at $116,000 after buying an additional 3,791 shares in the last quarter. Eagle Bluffs Wealth Management LLC acquired a new stake in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF in the 1st quarter worth $143,000. Money Concepts Capital Corp acquired a new stake in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF in the 1st quarter worth $148,000. Finally, Jane Street Group LLC purchased a new position in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF during the 1st quarter worth $229,000.

Invesco S&P SmallCap High Dividend Low Volatility ETF Company Profile

The Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a dividend-yield-weighted index of the 60 least volatile stocks chosen from a list of the 90 highest-yielding US small-cap stocks. XSHD was launched on Dec 1, 2016 and is managed by Invesco.