Is Invesco S&P SmallCap Quality ETF (XSHQ) a Strong ETF Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 03 2024
0mins
Source: NASDAQ.COM
Invesco S&P SmallCap Quality ETF Overview: Launched in 2017, the Invesco S&P SmallCap Quality ETF (XSHQ) aims to provide exposure to small-cap blend stocks and has accumulated over $331 million in assets, with a focus on high-quality securities based on specific fundamental measures.
Performance and Comparison: The ETF has shown an 8.10% increase this year and a 22.71% rise over the past year, but investors may also consider lower-cost alternatives like iShares Russell 2000 ETF and iShares Core S&P Small-Cap ETF for potentially better returns and lower risk.
Analyst Views on AWI
Wall Street analysts forecast AWI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AWI is 207.25 USD with a low forecast of 189.00 USD and a high forecast of 220.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 189.040
Low
189.00
Averages
207.25
High
220.00
Current: 189.040
Low
189.00
Averages
207.25
High
220.00
About AWI
Armstrong World Industries, Inc. designs, innovates, and manufactures interior and exterior architectural applications, including ceilings, specialty walls and exterior metal solutions. It also manufactures ceiling suspension system (grid) products. Its segments include Mineral Fiber and Architectural Specialties. The Mineral Fiber segment produces suspended mineral fiber and soft fiber ceiling systems. Its mineral fiber products offer various performance attributes, such as acoustical control, rated fire protection, and energy efficiency. The Architectural Specialties segment produces, designs and sources ceilings, walls and other interior and exterior architectural applications for use in commercial settings. Its products are available in metal, felt, wood, resin, wood fiber and glass-reinforced-gypsum in various colors, shapes and designs. It sells standard, premium and customized products. This segment of products is sold primarily to resale distributors and direct customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
