Invesco S&P SmallCap Quality ETF (BATS:XSHQ) Trading Up 0.5% – Still a Buy?

Shares of Invesco S&P SmallCap Quality ETF (BATS:XSHQ) traded up 0.5% on Tuesday . The stock traded as high as $48.03 and last traded at $47.98. Approximately 12,512 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 28,606 shares. The stock had previously closed at $47.74.

Invesco S&P SmallCap Quality ETF Price Performance

The company has a market capitalization of $372.79 million, a PE ratio of 14.16 and a beta of 1.00. The company’s fifty day moving average is $46.72 and its 200-day moving average is $44.86.

Institutional Trading of Invesco S&P SmallCap Quality ETF

Several hedge funds have recently modified their holdings of XSHQ. Kestra Advisory Services LLC purchased a new stake in Invesco S&P SmallCap Quality ETF during the fourth quarter valued at approximately $36,000. Flagship Harbor Advisors LLC purchased a new position in Invesco S&P SmallCap Quality ETF in the fourth quarter worth $55,000. Cullen Frost Bankers Inc. increased its position in shares of Invesco S&P SmallCap Quality ETF by 116.7% during the fourth quarter. Cullen Frost Bankers Inc. now owns 2,204 shares of the company’s stock worth $93,000 after purchasing an additional 1,187 shares in the last quarter. EFG International AG purchased a new stake in shares of Invesco S&P SmallCap Quality ETF during the 4th quarter valued at $166,000. Finally, Donor Advised Charitable Giving Inc. purchased a new stake in shares of Invesco S&P SmallCap Quality ETF during the 4th quarter valued at $210,000.

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.