Invesco S&P SmallCap Quality ETF (BATS:XSHQ) Shares Up 0.5% – What’s Next?

Shares of Invesco S&P SmallCap Quality ETF (BATS:XSHQ) were up 0.5% during mid-day trading on Monday . The company traded as high as $42.30 and last traded at $41.95. Approximately 21,227 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 28,685 shares. The stock had previously closed at $41.74.

Invesco S&P SmallCap Quality ETF Stock Performance

The stock has a market cap of $330.36 million, a PE ratio of 14.16 and a beta of 1.00. The stock has a fifty day simple moving average of $43.84 and a two-hundred day simple moving average of $43.11.

Institutional Investors Weigh In On Invesco S&P SmallCap Quality ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brookstone Capital Management lifted its holdings in Invesco S&P SmallCap Quality ETF by 6.0% in the 3rd quarter. Brookstone Capital Management now owns 5,667 shares of the company’s stock worth $244,000 after buying an additional 320 shares in the last quarter. Royal Bank of Canada increased its position in shares of Invesco S&P SmallCap Quality ETF by 6.3% during the first quarter. Royal Bank of Canada now owns 8,519 shares of the company’s stock worth $337,000 after acquiring an additional 506 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Invesco S&P SmallCap Quality ETF by 2.5% during the fourth quarter. NewEdge Advisors LLC now owns 21,248 shares of the company’s stock worth $894,000 after acquiring an additional 511 shares during the last quarter. Golden State Wealth Management LLC lifted its stake in shares of Invesco S&P SmallCap Quality ETF by 2.8% in the fourth quarter. Golden State Wealth Management LLC now owns 21,086 shares of the company’s stock worth $888,000 after acquiring an additional 565 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its stake in shares of Invesco S&P SmallCap Quality ETF by 10.3% in the second quarter. Kingsview Wealth Management LLC now owns 6,203 shares of the company’s stock worth $253,000 after acquiring an additional 580 shares in the last quarter.

Invesco S&P SmallCap Quality ETF Company 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. XSHQ was launched on Apr 6, 2017 and is managed by Invesco.