Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) Trading 1% Higher – Still a Buy?

Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) traded up 1% on Tuesday . The company traded as high as $13.78 and last traded at $13.6790. 68,322 shares changed hands during mid-day trading, an increase of 27% from the average session volume of 53,893 shares. The stock had previously closed at $13.54.

Invesco S&P SmallCap High Dividend Low Volatility ETF Trading Up 1.0%

The firm has a market capitalization of $74.14 million, a PE ratio of 13.06 and a beta of 1.02. The firm has a 50 day simple moving average of $13.08 and a 200 day simple moving average of $13.22.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were given a dividend of $0.0625 per share. This represents a c) annualized dividend and a dividend yield of 5.5%. This is a boost 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 Tuesday, January 20th.

Hedge Funds Weigh In On Invesco S&P SmallCap High Dividend Low Volatility ETF

Several hedge funds and other institutional investors have recently bought and sold shares of XSHD. Susquehanna International Group LLP grew its stake in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 237.6% in the third quarter. Susquehanna International Group LLP now owns 21,185 shares of the company’s stock worth $284,000 after acquiring an additional 36,585 shares during the period. Concord Asset Management LLC VA boosted its holdings in Invesco S&P SmallCap High Dividend Low Volatility ETF by 35.3% in the second quarter. Concord Asset Management LLC VA now owns 137,934 shares of the company’s stock worth $1,857,000 after purchasing an additional 36,004 shares during the last quarter. Cowa LLC bought a new stake in Invesco S&P SmallCap High Dividend Low Volatility ETF in the 3rd quarter worth approximately $426,000. Raymond James Financial Inc. raised its stake in Invesco S&P SmallCap High Dividend Low Volatility ETF by 3,593.7% during the 3rd quarter. Raymond James Financial Inc. now owns 22,125 shares of the company’s stock valued at $297,000 after buying an additional 21,526 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 3,693.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 18,017 shares of the company’s stock valued at $243,000 after buying an additional 17,542 shares during the period.

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.