Confluence Investment Management LLC Increases Holdings in Invesco S&P SmallCap Quality ETF (BATS:XSHQ)

Confluence Investment Management LLC increased its position in Invesco S&P SmallCap Quality ETF (BATS:XSHQ) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 427,904 shares of the company’s stock after acquiring an additional 10,037 shares during the period. Confluence Investment Management LLC owned approximately 11.47% of Invesco S&P SmallCap Quality ETF worth $18,122,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of XSHQ. Stifel Financial Corp acquired a new stake in Invesco S&P SmallCap Quality ETF in the third quarter valued at $44,023,000. Benjamin Edwards Inc. purchased a new stake in shares of Invesco S&P SmallCap Quality ETF in the 3rd quarter worth about $35,720,000. LPL Financial LLC grew its stake in Invesco S&P SmallCap Quality ETF by 41.4% in the 2nd quarter. LPL Financial LLC now owns 1,101,260 shares of the company’s stock valued at $42,806,000 after acquiring an additional 322,217 shares during the last quarter. New York Life Investment Management LLC grew its stake in Invesco S&P SmallCap Quality ETF by 82.2% in the 2nd quarter. New York Life Investment Management LLC now owns 509,560 shares of the company’s stock valued at $19,807,000 after acquiring an additional 229,826 shares during the last quarter. Finally, Larson Financial Group LLC increased its holdings in Invesco S&P SmallCap Quality ETF by 2,975.3% during the 3rd quarter. Larson Financial Group LLC now owns 98,962 shares of the company’s stock valued at $4,284,000 after acquiring an additional 95,744 shares in the last quarter.

Invesco S&P SmallCap Quality ETF Price Performance

XSHQ traded down $0.03 during midday trading on Thursday, reaching $42.35. 31,695 shares of the company’s stock were exchanged. The business’s 50-day moving average price is $44.97 and its 200 day moving average price is $42.59. The stock has a market capitalization of $157.97 million, a PE ratio of 9.60 and a beta of 1.08. Invesco S&P SmallCap Quality ETF has a 1-year low of $24.22 and a 1-year high of $28.90.

Invesco S&P SmallCap Quality ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors 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.