Alchemi Wealth LLC Takes $675,000 Position in Invesco S&P SmallCap Momentum ETF $XSMO

Alchemi Wealth LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the fourth quarter, Holdings Channel.com reports. The firm purchased 9,372 shares of the company’s stock, valued at approximately $675,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wells Fargo & Company MN grew its stake in Invesco S&P SmallCap Momentum ETF by 5.8% during the 4th quarter. Wells Fargo & Company MN now owns 835,228 shares of the company’s stock worth $60,145,000 after buying an additional 45,527 shares during the last quarter. HRT Financial LP grew its stake in Invesco S&P SmallCap Momentum ETF by 10.6% during the 4th quarter. HRT Financial LP now owns 5,193 shares of the company’s stock worth $373,000 after buying an additional 497 shares during the last quarter. Orion Porfolio Solutions LLC grew its stake in Invesco S&P SmallCap Momentum ETF by 1,298.5% during the 4th quarter. Orion Porfolio Solutions LLC now owns 234,273 shares of the company’s stock worth $16,870,000 after buying an additional 217,521 shares during the last quarter. Index Technologies Group LLC purchased a new position in Invesco S&P SmallCap Momentum ETF during the 4th quarter worth $537,000. Finally, Titleist Asset Management LLC grew its stake in Invesco S&P SmallCap Momentum ETF by 3.8% during the 4th quarter. Titleist Asset Management LLC now owns 44,220 shares of the company’s stock worth $3,184,000 after buying an additional 1,626 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of XSMO stock opened at $89.72 on Friday. Invesco S&P SmallCap Momentum ETF has a 1-year low of $65.31 and a 1-year high of $90.55. The stock’s fifty day moving average price is $85.23 and its 200 day moving average price is $79.29. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 19.29 and a beta of 1.09.

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.