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

Shares of Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) traded down 2.2% during trading on Monday . The company traded as low as $14.02 and last traded at $14.08. 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 Up 1.4 %

The company’s fifty day moving average is $15.01 and its 200 day moving average is $15.09. The firm has a market cap of $28.84 million, a price-to-earnings ratio of 11.26 and a beta of 1.09.

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

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.0858 dividend. The ex-dividend date was Monday, December 23rd. This is an increase from Invesco S&P SmallCap High Dividend Low Volatility ETF’s previous dividend of $0.09.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Concord Wealth Partners raised its stake in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 6.4% during the 3rd quarter. Concord Wealth Partners now owns 35,488 shares of the company’s stock worth $547,000 after purchasing an additional 2,142 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in Invesco S&P SmallCap High Dividend Low Volatility ETF during the third quarter worth $38,000. Finally, Concord Asset Management LLC VA raised its position in Invesco S&P SmallCap High Dividend Low Volatility ETF by 16.3% during the third 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.

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.