HighTower Advisors LLC Grows Position in Invesco S&P SmallCap Quality ETF (BATS:XSHQ)

HighTower Advisors LLC lifted its stake in Invesco S&P SmallCap Quality ETF (BATS:XSHQ) by 73.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,958 shares of the company’s stock after buying an additional 3,792 shares during the period. HighTower Advisors LLC’s holdings in Invesco S&P SmallCap Quality ETF were worth $379,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. SPX Gestao de Recursos Ltda acquired a new position in shares of Invesco S&P SmallCap Quality ETF in the 4th quarter worth approximately $13,338,000. Independent Advisor Alliance acquired a new position in shares of Invesco S&P SmallCap Quality ETF during the 4th quarter valued at $16,588,000. Larson Financial Group LLC grew its stake in shares of Invesco S&P SmallCap Quality ETF by 116.5% in the 4th quarter. Larson Financial Group LLC now owns 214,212 shares of the company’s stock worth $9,072,000 after purchasing an additional 115,250 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Invesco S&P SmallCap Quality ETF during the 4th quarter worth $2,830,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in Invesco S&P SmallCap Quality ETF during the fourth quarter valued at about $65,000.

Invesco S&P SmallCap Quality ETF Trading Down 6.3 %

Shares of Invesco S&P SmallCap Quality ETF stock opened at $39.50 on Tuesday. The company has a market cap of $434.84 million, a P/E ratio of 14.22 and a beta of 1.00. Invesco S&P SmallCap Quality ETF has a 1 year low of $37.56 and a 1 year high of $48.02. The stock has a 50-day moving average price of $41.15 and a 200 day moving average price of $42.99.

Invesco S&P SmallCap Quality ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.1498 per share. This is a positive change from Invesco S&P SmallCap Quality ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, March 24th.

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.