Foundry Financial Group Inc. Sells 45,108 Shares of Invesco S&P SmallCap Quality ETF (BATS:XSHQ)

Foundry Financial Group Inc. decreased its holdings in Invesco S&P SmallCap Quality ETF (BATS:XSHQ) by 34.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 87,211 shares of the company’s stock after selling 45,108 shares during the period. Invesco S&P SmallCap Quality ETF accounts for approximately 2.3% of Foundry Financial Group Inc.’s holdings, making the stock its 18th biggest holding. Foundry Financial Group Inc. owned 2.34% of Invesco S&P SmallCap Quality ETF worth $3,390,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. TD Capital Management LLC lifted its stake in shares of Invesco S&P SmallCap Quality ETF by 29.7% during the 4th quarter. TD Capital Management LLC now owns 1,305 shares of the company’s stock worth $52,000 after acquiring an additional 299 shares during the last quarter. Comerica Bank purchased a new stake in shares of Invesco S&P SmallCap Quality ETF during the first quarter valued at $54,000. Larson Financial Group LLC purchased a new stake in shares of Invesco S&P SmallCap Quality ETF during the second quarter valued at $125,000. Mather Group LLC. bought a new position in shares of Invesco S&P SmallCap Quality ETF in the first quarter worth about $145,000. Finally, Roman Butler Fullerton & Co. purchased a new position in Invesco S&P SmallCap Quality ETF in the 2nd quarter worth about $243,000.

Invesco S&P SmallCap Quality ETF Price Performance

Shares of XSHQ opened at $41.53 on Monday. The firm has a market capitalization of $154.91 million, a price-to-earnings ratio of 9.60 and a beta of 1.08. Invesco S&P SmallCap Quality ETF has a 1-year low of $24.22 and a 1-year high of $28.90. The company has a 50-day moving average of $41.07 and a 200 day moving average of $40.23.

Invesco S&P SmallCap Quality ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were issued a $0.1036 dividend. The ex-dividend date was Monday, June 24th.

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.