New York Life Investment Management LLC Invests $10.61 Million in Invesco S&P SmallCap Quality ETF (BATS:XSHQ)

New York Life Investment Management LLC bought a new position in Invesco S&P SmallCap Quality ETF (BATS:XSHQ) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 265,940 shares of the company’s stock, valued at approximately $10,606,000. New York Life Investment Management LLC owned 21.98% of Invesco S&P SmallCap Quality ETF at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the company. Foundry Financial Group Inc. bought a new position in Invesco S&P SmallCap Quality ETF in the fourth quarter valued at $4,890,000. WJ Wealth Management LLC acquired a new stake in shares of Invesco S&P SmallCap Quality ETF in the fourth quarter valued at about $4,392,000. LPL Financial LLC raised its holdings in Invesco S&P SmallCap Quality ETF by 39.9% during the third quarter. LPL Financial LLC now owns 381,688 shares of the company’s stock worth $13,611,000 after acquiring an additional 108,815 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in Invesco S&P SmallCap Quality ETF during the third quarter valued at approximately $2,163,000. Finally, Breakwater Capital Group grew its stake in Invesco S&P SmallCap Quality ETF by 111.4% in the third quarter. Breakwater Capital Group now owns 110,525 shares of the company’s stock valued at $3,769,000 after purchasing an additional 58,248 shares in the last quarter.

Invesco S&P SmallCap Quality ETF Price Performance

Shares of XSHQ stock opened at $39.06 on Thursday. The company has a fifty day moving average price of $40.00 and a two-hundred day moving average price of $38.46. Invesco S&P SmallCap Quality ETF has a one year low of $24.22 and a one year high of $28.90. The stock has a market cap of $145.69 million, a P/E ratio of 9.60 and a beta of 1.08.

Invesco S&P SmallCap Quality ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a $0.1189 dividend. The ex-dividend date was Monday, March 18th. This is a positive change from Invesco S&P SmallCap Quality ETF’s previous dividend of $0.11.

Invesco S&P SmallCap Quality ETF 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.