LPL Financial LLC Has $42.81 Million Stock Holdings in Invesco S&P SmallCap Quality ETF (BATS:XSHQ)

LPL Financial LLC increased its holdings in shares of Invesco S&P SmallCap Quality ETF (BATS:XSHQ) by 41.4% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,101,260 shares of the company’s stock after purchasing an additional 322,217 shares during the quarter. LPL Financial LLC owned 29.52% of Invesco S&P SmallCap Quality ETF worth $42,806,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the business. TD Capital Management LLC increased its stake in Invesco S&P SmallCap Quality ETF by 29.7% during the 4th quarter. TD Capital Management LLC now owns 1,305 shares of the company’s stock worth $52,000 after purchasing an additional 299 shares in the last quarter. Fox Financial Inc increased its stake in Invesco S&P SmallCap Quality ETF by 3.5% during the 2nd quarter. Fox Financial Inc now owns 13,730 shares of the company’s stock worth $534,000 after purchasing an additional 462 shares in the last quarter. Financial Advocates Investment Management grew its stake in shares of Invesco S&P SmallCap Quality ETF by 3.8% during the 2nd quarter. Financial Advocates Investment Management now owns 17,491 shares of the company’s stock worth $680,000 after acquiring an additional 646 shares in the last quarter. Comerica Bank bought a new position in shares of Invesco S&P SmallCap Quality ETF during the 1st quarter worth approximately $54,000. Finally, Larson Financial Group LLC bought a new position in shares of Invesco S&P SmallCap Quality ETF during the 2nd quarter worth approximately $125,000.

Invesco S&P SmallCap Quality ETF Stock Up 2.8 %

Shares of XSHQ opened at $41.53 on Monday. The stock has a market capitalization of $154.91 million, a P/E ratio of 9.60 and a beta of 1.08. Invesco S&P SmallCap Quality ETF has a twelve month low of $24.22 and a twelve month high of $28.90. The company has a 50 day moving average of $41.07 and a 200-day moving average of $40.23.

Invesco S&P SmallCap Quality ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a dividend of $0.1036 per share. The ex-dividend date was Monday, June 24th.

Invesco S&P SmallCap Quality ETF 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.