Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) Shares Down 0.7% – Here’s What Happened

Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD)’s stock price fell 0.7% during trading on Tuesday . The stock traded as low as $13.22 and last traded at $13.23. 22,179 shares were traded during mid-day trading, a decline of 55% from the average session volume of 49,226 shares. The stock had previously closed at $13.32.

Invesco S&P SmallCap High Dividend Low Volatility ETF Stock Performance

The stock has a 50 day simple moving average of $13.51 and a two-hundred day simple moving average of $13.27. The firm has a market cap of $71.71 million, a PE ratio of 13.06 and a beta of 1.02.

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

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were issued a dividend of $0.0631 per share. This represents a c) annualized dividend and a yield of 5.7%. This is a positive change from Invesco S&P SmallCap High Dividend Low Volatility ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, February 23rd.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Ashton Thomas Private Wealth LLC lifted its holdings in Invesco S&P SmallCap High Dividend Low Volatility ETF by 5.2% in the third quarter. Ashton Thomas Private Wealth LLC now owns 17,707 shares of the company’s stock valued at $238,000 after acquiring an additional 879 shares during the period. Capital Investment Advisory Services LLC grew its stake in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 3.3% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 31,625 shares of the company’s stock worth $424,000 after purchasing an additional 1,000 shares during the period. Eagle Bluffs Wealth Management LLC grew its stake in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 14.7% during the 4th quarter. Eagle Bluffs Wealth Management LLC now owns 12,119 shares of the company’s stock worth $155,000 after purchasing an additional 1,554 shares during the period. Concord Asset Management LLC VA increased its holdings in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 2.9% during the 4th quarter. Concord Asset Management LLC VA now owns 146,937 shares of the company’s stock valued at $1,882,000 after purchasing an additional 4,162 shares in the last quarter. Finally, Concord Wealth Partners increased its holdings in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 3.0% during the 4th quarter. Concord Wealth Partners now owns 147,199 shares of the company’s stock valued at $1,886,000 after purchasing an additional 4,227 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.