Invesco S&P SmallCap Quality ETF (BATS:XSHQ) Stake Boosted by Schwallier Wealth Management LLC

Schwallier Wealth Management LLC boosted its holdings in shares of Invesco S&P SmallCap Quality ETF (BATS:XSHQ) by 4.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 156,999 shares of the company’s stock after acquiring an additional 6,206 shares during the period. Invesco S&P SmallCap Quality ETF accounts for approximately 4.9% of Schwallier Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position. Schwallier Wealth Management LLC owned about 4.21% of Invesco S&P SmallCap Quality ETF worth $6,796,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC increased its holdings 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 purchasing an additional 322,217 shares during the last quarter. New York Life Investment Management LLC raised its holdings in shares of 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 buying an additional 229,826 shares during the period. Confluence Investment Management LLC acquired a new position in Invesco S&P SmallCap Quality ETF during the 3rd quarter worth about $18,089,000. Breakwater Capital Group boosted its holdings in Invesco S&P SmallCap Quality ETF by 11.4% during the 3rd quarter. Breakwater Capital Group now owns 171,959 shares of the company’s stock valued at $7,444,000 after acquiring an additional 17,570 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in Invesco S&P SmallCap Quality ETF by 13.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 131,172 shares of the company’s stock valued at $5,099,000 after acquiring an additional 15,523 shares in the last quarter.

Invesco S&P SmallCap Quality ETF Price Performance

Shares of XSHQ opened at $45.42 on Tuesday. The company has a market cap of $169.42 million, a P/E ratio of 9.60 and a beta of 1.08. Invesco S&P SmallCap Quality ETF has a fifty-two week low of $24.22 and a fifty-two week high of $28.90. The firm’s 50 day moving average price is $43.32 and its 200 day moving average price is $41.40.

Invesco S&P SmallCap Quality ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.1478 dividend. This is an increase from Invesco S&P SmallCap Quality ETF’s previous dividend of $0.10. The ex-dividend date of this dividend was Monday, September 23rd.

About Invesco S&P SmallCap Quality ETF

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.