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

Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD)’s stock price fell 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 trading, The stock had previously closed at $14.39.

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

The company’s 50-day simple moving average is $15.01 and its two-hundred day simple moving average is $15.09. The firm has a market cap of $28.84 million, a PE 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. Stockholders of record on Monday, December 23rd were paid a dividend of $0.0858 per share. This is a positive change from Invesco S&P SmallCap High Dividend Low Volatility ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Invesco S&P SmallCap High Dividend Low Volatility ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Concord Asset Management LLC VA grew its stake in Invesco S&P SmallCap High Dividend Low Volatility ETF by 16.3% in the third quarter. Concord Asset Management LLC VA now owns 38,122 shares of the company’s stock worth $587,000 after purchasing an additional 5,349 shares during the period. Farther Finance Advisors LLC purchased a new stake in Invesco S&P SmallCap High Dividend Low Volatility ETF in the third quarter worth about $38,000. Finally, Concord Wealth Partners grew its stake in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 6.4% in the 3rd quarter. Concord Wealth Partners now owns 35,488 shares of the company’s stock worth $547,000 after buying an additional 2,142 shares during the last quarter.

About Invesco S&P SmallCap High Dividend Low Volatility ETF

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.