LPL Financial LLC Raises Stock Position in Invesco S&P SmallCap Quality ETF (BATS:XSHQ)

LPL Financial LLC grew its holdings in shares of Invesco S&P SmallCap Quality ETF (BATS:XSHQ) by 0.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,326,833 shares of the company’s stock after buying an additional 6,907 shares during the quarter. LPL Financial LLC owned 0.36% of Invesco S&P SmallCap Quality ETF worth $56,191,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. HighTower Advisors LLC purchased a new position in Invesco S&P SmallCap Quality ETF during the third quarter worth $223,000. Commonwealth Equity Services LLC lifted its holdings in shares of Invesco S&P SmallCap Quality ETF by 1.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 128,241 shares of the company’s stock worth $5,431,000 after acquiring an additional 1,695 shares during the last quarter. DHJJ Financial Advisors Ltd. boosted its stake in shares of Invesco S&P SmallCap Quality ETF by 19.2% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 65,982 shares of the company’s stock worth $2,794,000 after purchasing an additional 10,622 shares during the period. Cullen Frost Bankers Inc. bought a new position in Invesco S&P SmallCap Quality ETF during the 4th quarter valued at about $65,000. Finally, Gladstone Institutional Advisory LLC purchased a new stake in Invesco S&P SmallCap Quality ETF in the 4th quarter worth about $370,000.

Invesco S&P SmallCap Quality ETF Price Performance

Shares of BATS:XSHQ opened at $39.33 on Friday. The firm has a market capitalization of $437.79 million, a PE ratio of 13.93 and a beta of 1.00. The business has a 50 day simple moving average of $41.31 and a two-hundred day simple moving average of $42.96. Invesco S&P SmallCap Quality ETF has a 1 year low of $37.56 and a 1 year high of $48.02.

Invesco S&P SmallCap Quality ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a dividend of $0.1498 per share. The ex-dividend date is Monday, March 24th. This is a boost from Invesco S&P SmallCap Quality ETF’s previous dividend of $0.13.

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.