New York Life Investment Management LLC Has $19.81 Million Stake in Invesco S&P SmallCap Quality ETF (BATS:XSHQ)

New York Life Investment Management LLC increased its stake in shares of Invesco S&P SmallCap Quality ETF (BATS:XSHQ) by 82.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 509,560 shares of the company’s stock after purchasing an additional 229,826 shares during the quarter. New York Life Investment Management LLC owned about 13.66% of Invesco S&P SmallCap Quality ETF worth $19,807,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Perigon Wealth Management LLC bought a new stake in Invesco S&P SmallCap Quality ETF during the 1st quarter worth about $2,712,000. Raymond James Financial Services Advisors Inc. raised its stake in shares of Invesco S&P SmallCap Quality ETF by 401.0% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 42,111 shares of the company’s stock worth $1,734,000 after buying an additional 33,706 shares during the last quarter. Thoroughbred Financial Services LLC acquired a new position in Invesco S&P SmallCap Quality ETF in the fourth quarter valued at approximately $777,000. DHJJ Financial Advisors Ltd. boosted its stake in Invesco S&P SmallCap Quality ETF by 143.3% in the first quarter. DHJJ Financial Advisors Ltd. now owns 29,484 shares of the company’s stock valued at $1,214,000 after acquiring an additional 17,367 shares during the last quarter. Finally, Beacon Financial Planning Inc. grew its holdings in Invesco S&P SmallCap Quality ETF by 56.9% during the 2nd quarter. Beacon Financial Planning Inc. now owns 45,348 shares of the company’s stock worth $1,763,000 after acquiring an additional 16,447 shares during the period.

Invesco S&P SmallCap Quality ETF Stock Performance

Shares of Invesco S&P SmallCap Quality ETF stock opened at $40.06 on Friday. Invesco S&P SmallCap Quality ETF has a 52 week low of $24.22 and a 52 week high of $28.90. The stock has a market capitalization of $149.42 million, a price-to-earnings ratio of 9.60 and a beta of 1.08. The firm has a fifty day moving average of $40.91 and a two-hundred day moving average of $40.22.

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 given a $0.1036 dividend. The ex-dividend date of this dividend was Monday, June 24th.

Invesco S&P SmallCap Quality ETF Profile

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.