Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) Shares Down 2.2% – Here’s What Happened

Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) dropped 2.2% during trading on Monday . The company traded as low as $14.02 and last traded at $14.08. Approximately 152,139 shares changed hands during mid-day trading, The stock had previously closed at $14.39.

Invesco S&P SmallCap High Dividend Low Volatility ETF Stock Down 2.2 %

The firm has a market capitalization of $28.16 million, a price-to-earnings ratio of 11.26 and a beta of 1.09. The firm’s 50 day moving average is $15.04 and its 200 day moving average is $15.10.

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

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.0858 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from Invesco S&P SmallCap High Dividend Low Volatility ETF’s previous dividend of $0.09.

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

A number of institutional investors have recently bought and sold shares of the stock. Concord Asset Management LLC VA lifted its stake in Invesco S&P SmallCap High Dividend Low Volatility ETF by 16.3% in the 3rd quarter. Concord Asset Management LLC VA now owns 38,122 shares of the company’s stock worth $587,000 after acquiring an additional 5,349 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF during the 3rd quarter valued at $38,000. Finally, Concord Wealth Partners increased its stake in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 6.4% in the third quarter. Concord Wealth Partners now owns 35,488 shares of the company’s stock worth $547,000 after acquiring an additional 2,142 shares during the last quarter.

Invesco S&P SmallCap High Dividend Low Volatility ETF Company Profile

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.