Gratus Wealth Advisors LLC Increases Stake in Invesco S&P SmallCap Momentum ETF $XSMO

Gratus Wealth Advisors LLC raised its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 2.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 486,777 shares of the company’s stock after acquiring an additional 9,442 shares during the quarter. Invesco S&P SmallCap Momentum ETF comprises approximately 5.0% of Gratus Wealth Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Gratus Wealth Advisors LLC owned approximately 1.76% of Invesco S&P SmallCap Momentum ETF worth $35,812,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Beacon Capital Management Inc. acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the 2nd quarter worth approximately $27,000. Harbor Asset Planning Inc. bought a new position in Invesco S&P SmallCap Momentum ETF in the second quarter valued at approximately $40,000. Parkside Financial Bank & Trust bought a new position in Invesco S&P SmallCap Momentum ETF in the second quarter valued at approximately $41,000. Godsey & Gibb Inc. acquired a new stake in Invesco S&P SmallCap Momentum ETF during the 3rd quarter worth $57,000. Finally, Whittier Trust Co. bought a new stake in shares of Invesco S&P SmallCap Momentum ETF during the 2nd quarter valued at $61,000.

Invesco S&P SmallCap Momentum ETF Trading Up 1.7%

NYSEARCA XSMO opened at $77.46 on Friday. Invesco S&P SmallCap Momentum ETF has a 12 month low of $53.89 and a 12 month high of $77.90. The stock has a 50-day simple moving average of $73.26 and a 200 day simple moving average of $71.96. The company has a market capitalization of $2.24 billion, a PE ratio of 19.29 and a beta of 1.07.

About Invesco S&P SmallCap Momentum ETF

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.