Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) Stock Price Down 13% – Time to Sell?

Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD)’s stock price fell 13% on Monday . The stock traded as low as $14.53 and last traded at $12.55. 45,260 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 47,454 shares. The stock had previously closed at $14.42.

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

The company has a market capitalization of $60.63 million, a P/E ratio of 13.82 and a beta of 1.19. The firm’s 50-day moving average is $13.85 and its 200-day moving average is $14.57.

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

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.086 per share. This is a boost from Invesco S&P SmallCap High Dividend Low Volatility ETF’s previous dividend of $0.09. The ex-dividend date was Monday, March 24th.

Institutional Investors Weigh In On Invesco S&P SmallCap High Dividend Low Volatility ETF

A number of hedge funds have recently bought and sold shares of XSHD. Farther Finance Advisors LLC lifted its holdings in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 71.8% in the 4th quarter. Farther Finance Advisors LLC now owns 4,187 shares of the company’s stock valued at $61,000 after acquiring an additional 1,750 shares during the last quarter. Bank of America Corp DE grew its position in Invesco S&P SmallCap High Dividend Low Volatility ETF by 90.2% in the 4th quarter. Bank of America Corp DE now owns 7,992 shares of the company’s stock valued at $116,000 after acquiring an additional 3,791 shares during the last quarter. Maia Wealth LLC purchased a new stake in Invesco S&P SmallCap High Dividend Low Volatility ETF in the fourth quarter worth $206,000. Capital Investment Advisory Services LLC boosted its stake in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 404.2% during the fourth quarter. Capital Investment Advisory Services LLC now owns 22,690 shares of the company’s stock valued at $330,000 after purchasing an additional 18,190 shares during the period. Finally, Citadel Advisors LLC bought a new position in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF in the fourth quarter worth about $335,000.

Invesco S&P SmallCap High Dividend Low Volatility ETF Company Profile

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.