Invesco S&P SmallCap Quality ETF (BATS:XSHQ – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 15,640 shares, a drop of 34.0% from the September 30th total of 23,684 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 15,932 shares, the short-interest ratio is presently 1.0 days.
Hedge Funds Weigh In On Invesco S&P SmallCap Quality ETF
Several hedge funds have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC acquired a new stake in Invesco S&P SmallCap Quality ETF in the second quarter worth about $49,000. Comprehensive Financial Planning Inc. PA acquired a new position in Invesco S&P SmallCap Quality ETF during the 2nd quarter valued at about $122,000. Firestone Capital Management acquired a new position in Invesco S&P SmallCap Quality ETF during the 2nd quarter valued at about $205,000. D.A. Davidson & CO. acquired a new position in Invesco S&P SmallCap Quality ETF during the 1st quarter valued at about $253,000. Finally, Essex Financial Services Inc. lifted its position in Invesco S&P SmallCap Quality ETF by 6.3% during the 1st quarter. Essex Financial Services Inc. now owns 6,700 shares of the company’s stock valued at $282,000 after purchasing an additional 395 shares during the period.
Invesco S&P SmallCap Quality ETF Stock Performance
BATS XSHQ opened at $46.67 on Wednesday. The stock has a fifty day moving average of $46.43 and a 200-day moving average of $45.75. The stock has a market capitalization of $370.09 million, a P/E ratio of 14.16 and a beta of 1.00. Invesco S&P SmallCap Quality ETF has a 52 week low of $40.02 and a 52 week high of $50.36.
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. XSHQ was launched on Apr 6, 2017 and is managed by Invesco.
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