Wealth Enhancement Advisory Services LLC reduced its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) by 13.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 122,985 shares of the company’s stock after selling 18,661 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 3.04% of Invesco S&P SmallCap Momentum ETF worth $5,696,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of XSMO. Merit Financial Group LLC purchased a new position in Invesco S&P SmallCap Momentum ETF during the fourth quarter valued at approximately $8,835,000. LPL Financial LLC grew its holdings in Invesco S&P SmallCap Momentum ETF by 34.7% in the fourth quarter. LPL Financial LLC now owns 479,579 shares of the company’s stock valued at $22,612,000 after purchasing an additional 123,435 shares during the period. Systelligence LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF in the first quarter valued at approximately $2,457,000. AE Wealth Management LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at approximately $2,029,000. Finally, Morgan Stanley grew its holdings in Invesco S&P SmallCap Momentum ETF by 27.0% in the fourth quarter. Morgan Stanley now owns 176,665 shares of the company’s stock valued at $8,330,000 after purchasing an additional 37,600 shares during the period.
Invesco S&P SmallCap Momentum ETF Trading Up 1.2 %
Shares of XSMO opened at $47.86 on Monday. Invesco S&P SmallCap Momentum ETF has a 12 month low of $42.42 and a 12 month high of $51.86. The stock’s 50 day moving average is $46.07 and its two-hundred day moving average is $46.90. The firm has a market cap of $190.00 million, a P/E ratio of 9.18 and a beta of 1.08.
Invesco S&P SmallCap Momentum ETF Company Profile
The Invesco S&P SmallCap Momentum ETF (XSMO) is an exchange-traded fund that is based on the S&P Small Cap 600 Momentum index. The fund tracks an index of US small-caps stocks selected by momentum. Holdings are weighted by a combination of market cap and momentum. XSMO was launched on Mar 3, 2005 and is managed by Invesco.
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