Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) Stock Price Down 1.2% – What’s Next?

Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) dropped 1.2% on Tuesday . The company traded as low as $13.52 and last traded at $13.61. Approximately 33,095 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 54,416 shares. The stock had previously closed at $13.78.

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

The firm has a market cap of $73.77 million, a price-to-earnings ratio of 13.06 and a beta of 1.02. The business has a fifty day simple moving average of $13.37 and a 200 day simple moving average of $13.25.

Invesco S&P SmallCap High Dividend Low Volatility ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were paid a dividend of $0.0625 per share. This represents a c) dividend on an annualized basis and a yield of 5.5%. This is a boost from Invesco S&P SmallCap High Dividend Low Volatility ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Tuesday, January 20th.

Hedge Funds Weigh In On Invesco S&P SmallCap High Dividend Low Volatility ETF

A number of hedge funds have recently modified their holdings of the business. Global Retirement Partners LLC increased its holdings in Invesco S&P SmallCap High Dividend Low Volatility ETF by 79.1% in the 3rd quarter. Global Retirement Partners LLC now owns 15,972 shares of the company’s stock valued at $214,000 after purchasing an additional 7,052 shares during the last quarter. Concord Asset Management LLC VA boosted its position in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 3.5% during the third quarter. Concord Asset Management LLC VA now owns 142,775 shares of the company’s stock worth $1,916,000 after buying an additional 4,841 shares during the period. Concord Wealth Partners boosted its position in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 3.7% during the third quarter. Concord Wealth Partners now owns 142,972 shares of the company’s stock worth $1,919,000 after buying an additional 5,038 shares during the period. Capital Investment Advisory Services LLC grew its stake in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 3.3% in the third quarter. Capital Investment Advisory Services LLC now owns 31,625 shares of the company’s stock valued at $424,000 after buying an additional 1,000 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC raised its holdings in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 5.2% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 17,707 shares of the company’s stock valued at $238,000 after buying an additional 879 shares during the period.

About Invesco S&P SmallCap High Dividend Low Volatility ETF

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.