LPL Financial LLC Purchases 6,907 Shares of Invesco S&P SmallCap Quality ETF (BATS:XSHQ)

LPL Financial LLC increased its position in Invesco S&P SmallCap Quality ETF (BATS:XSHQ) by 0.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,326,833 shares of the company’s stock after acquiring an additional 6,907 shares during the quarter. LPL Financial LLC owned about 35.57% of Invesco S&P SmallCap Quality ETF worth $56,191,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Harbour Investments Inc. purchased a new position in Invesco S&P SmallCap Quality ETF in the 4th quarter valued at approximately $61,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Invesco S&P SmallCap Quality ETF in the fourth quarter valued at $213,000. Madison Investment Advisors LLC bought a new stake in shares of Invesco S&P SmallCap Quality ETF during the 4th quarter valued at $9,934,000. Commonwealth Equity Services LLC lifted its holdings in Invesco S&P SmallCap Quality ETF by 1.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 128,241 shares of the company’s stock worth $5,431,000 after purchasing an additional 1,695 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in Invesco S&P SmallCap Quality ETF by 73.4% in the 4th quarter. HighTower Advisors LLC now owns 8,958 shares of the company’s stock worth $379,000 after purchasing an additional 3,792 shares during the period.

Invesco S&P SmallCap Quality ETF Stock Down 6.7 %

Shares of XSHQ opened at $39.33 on Friday. Invesco S&P SmallCap Quality ETF has a twelve month low of $37.56 and a twelve month high of $48.02. The stock has a market cap of $437.79 million, a PE ratio of 13.93 and a beta of 1.00. The business’s 50-day moving average price is $41.31 and its 200-day moving average price is $42.96.

Invesco S&P SmallCap Quality ETF Increases Dividend

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

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.