204,800 Shares of Invesco S&P SmallCap Quality ETF $XSHQ Acquired by Confluence Investment Management LLC

Confluence Investment Management LLC purchased a new stake in Invesco S&P SmallCap Quality ETF (BATS:XSHQ) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 204,800 shares of the company’s stock, valued at approximately $9,200,000. Confluence Investment Management LLC owned 2.58% of Invesco S&P SmallCap Quality ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Citadel Advisors LLC lifted its position in Invesco S&P SmallCap Quality ETF by 821.1% during the 2nd quarter. Citadel Advisors LLC now owns 93,560 shares of the company’s stock worth $4,524,000 after acquiring an additional 83,403 shares in the last quarter. Bank of America Corp DE raised its position in shares of Invesco S&P SmallCap Quality ETF by 3.6% during the 1st quarter. Bank of America Corp DE now owns 77,823 shares of the company’s stock valued at $3,281,000 after acquiring an additional 2,697 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Invesco S&P SmallCap Quality ETF by 8.6% in the 1st quarter. Cetera Investment Advisers now owns 46,272 shares of the company’s stock worth $1,951,000 after buying an additional 3,645 shares during the last quarter. Westmount Partners LLC bought a new stake in shares of Invesco S&P SmallCap Quality ETF in the 1st quarter worth approximately $1,686,000. Finally, NewEdge Advisors LLC grew its position in Invesco S&P SmallCap Quality ETF by 6.5% in the 1st quarter. NewEdge Advisors LLC now owns 22,630 shares of the company’s stock worth $954,000 after purchasing an additional 1,382 shares during the last quarter.

Invesco S&P SmallCap Quality ETF Price Performance

Shares of BATS XSHQ traded up $0.38 during midday trading on Thursday, reaching $45.30. 6,395 shares of the company traded hands, compared to its average volume of 33,618. Invesco S&P SmallCap Quality ETF has a 52 week low of $40.02 and a 52 week high of $50.36. The company has a market cap of $359.19 million, a price-to-earnings ratio of 14.16 and a beta of 1.00. The stock has a 50-day moving average price of $47.70 and a 200 day moving average price of $46.19.

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. XSHQ was launched on Apr 6, 2017 and is managed by Invesco.