Independent Advisor Alliance Takes Position in Invesco S&P SmallCap Quality ETF (BATS:XSHQ)

Independent Advisor Alliance bought a new position in shares of Invesco S&P SmallCap Quality ETF (BATS:XSHQ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 391,689 shares of the company’s stock, valued at approximately $16,588,000. Independent Advisor Alliance owned approximately 10.50% of Invesco S&P SmallCap Quality ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. GPS Wealth Strategies Group LLC purchased a new position in shares of Invesco S&P SmallCap Quality ETF in the 4th quarter worth about $56,000. Cullen Frost Bankers Inc. purchased a new position in shares of Invesco S&P SmallCap Quality ETF in the 4th quarter worth about $65,000. HighTower Advisors LLC purchased a new position in shares of Invesco S&P SmallCap Quality ETF in the 3rd quarter worth about $223,000. Gladstone Institutional Advisory LLC purchased a new position in shares of Invesco S&P SmallCap Quality ETF in the 4th quarter worth about $370,000. Finally, Private Advisor Group LLC boosted its holdings in shares of Invesco S&P SmallCap Quality ETF by 26.1% in the 4th quarter. Private Advisor Group LLC now owns 9,172 shares of the company’s stock worth $388,000 after purchasing an additional 1,899 shares in the last quarter.

Invesco S&P SmallCap Quality ETF Trading Down 6.5 %

BATS XSHQ opened at $39.40 on Monday. Invesco S&P SmallCap Quality ETF has a 1-year low of $24.22 and a 1-year high of $28.90. The stock has a 50-day moving average of $42.24 and a 200-day moving average of $43.25. The firm has a market cap of $431.44 million, a PE ratio of 14.49 and a beta of 1.01.

Invesco S&P SmallCap Quality ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.1289 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.