Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) Shares Down 10.6% – Here’s Why

Shares of Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) were down 10.6% during mid-day trading on Monday . The stock traded as low as $14.53 and last traded at $12.8850. Approximately 45,260 shares were traded during trading, a decline of 16% from the average daily volume of 53,893 shares. The stock had previously closed at $14.42.

Invesco S&P SmallCap High Dividend Low Volatility ETF Price Performance

The business’s fifty day simple moving average is $12.83 and its 200 day simple moving average is $13.23. The stock has a market cap of $69.84 million, a price-to-earnings ratio of 13.06 and a beta of 1.02.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. Susquehanna International Group LLP increased its holdings in Invesco S&P SmallCap High Dividend Low Volatility ETF by 237.6% in the 3rd quarter. Susquehanna International Group LLP now owns 21,185 shares of the company’s stock valued at $284,000 after buying an additional 36,585 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 3,593.7% during the 3rd quarter. Raymond James Financial Inc. now owns 22,125 shares of the company’s stock worth $297,000 after acquiring an additional 21,526 shares during the period. Cowa LLC acquired a new stake in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF during the 3rd quarter worth approximately $426,000. Concord Asset Management LLC VA increased its stake in Invesco S&P SmallCap High Dividend Low Volatility ETF by 3.5% in the third quarter. Concord Asset Management LLC VA now owns 142,775 shares of the company’s stock valued at $1,916,000 after acquiring an additional 4,841 shares during the last quarter. Finally, Concord Wealth Partners increased its stake in Invesco S&P SmallCap High Dividend Low Volatility ETF by 3.7% in the third quarter. Concord Wealth Partners now owns 142,972 shares of the company’s stock valued at $1,919,000 after acquiring an additional 5,038 shares during the last quarter.

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.