Madison Asset Management LLC Decreases Holdings in Invesco S&P SmallCap Quality ETF $XSHQ

Madison Asset Management LLC reduced its position in Invesco S&P SmallCap Quality ETF (BATS:XSHQ) by 86.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,338 shares of the company’s stock after selling 227,615 shares during the quarter. Madison Asset Management LLC’s holdings in Invesco S&P SmallCap Quality ETF were worth $1,530,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its position in Invesco S&P SmallCap Quality ETF by 6.3% in the 1st quarter. Royal Bank of Canada now owns 8,519 shares of the company’s stock worth $337,000 after purchasing an additional 506 shares during the period. Northwest Financial Advisors grew its stake in Invesco S&P SmallCap Quality ETF by 20.3% in the 4th quarter. Northwest Financial Advisors now owns 5,979 shares of the company’s stock worth $252,000 after acquiring an additional 1,010 shares in the last quarter. NewEdge Advisors LLC grew its stake in Invesco S&P SmallCap Quality ETF by 5.4% in the 2nd quarter. NewEdge Advisors LLC now owns 21,110 shares of the company’s stock worth $860,000 after acquiring an additional 1,083 shares in the last quarter. Golden State Wealth Management LLC grew its stake in Invesco S&P SmallCap Quality ETF by 5.6% in the 3rd quarter. Golden State Wealth Management LLC now owns 20,521 shares of the company’s stock worth $883,000 after acquiring an additional 1,092 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in Invesco S&P SmallCap Quality ETF in the 4th quarter worth about $55,000.

Invesco S&P SmallCap Quality ETF Stock Performance

BATS XSHQ opened at $45.13 on Friday. The firm’s 50 day moving average price is $43.66 and its 200-day moving average price is $43.31. Invesco S&P SmallCap Quality ETF has a 52-week low of $39.15 and a 52-week high of $46.39. The company has a market cap of $357.88 million, a PE ratio of 14.16 and a beta of 1.00.

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