James Investment Research Inc. Has $490,000 Stock Position in Invesco S&P SmallCap Momentum ETF $XSMO

James Investment Research Inc. trimmed its holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 55.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,449 shares of the company’s stock after selling 7,970 shares during the period. James Investment Research Inc.’s holdings in Invesco S&P SmallCap Momentum ETF were worth $490,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Capstone Wealth Management Group LLC boosted its position in Invesco S&P SmallCap Momentum ETF by 138.0% in the first quarter. Capstone Wealth Management Group LLC now owns 46,666 shares of the company’s stock worth $2,928,000 after purchasing an additional 27,061 shares during the last quarter. Focus Partners Wealth bought a new stake in Invesco S&P SmallCap Momentum ETF during the 1st quarter worth approximately $539,000. Cerity Partners LLC bought a new position in shares of Invesco S&P SmallCap Momentum ETF in the second quarter worth $818,000. Raymond James Financial Inc. increased its stake in Invesco S&P SmallCap Momentum ETF by 154.4% in the 2nd quarter. Raymond James Financial Inc. now owns 1,033,548 shares of the company’s stock worth $70,302,000 after acquiring an additional 627,318 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Invesco S&P SmallCap Momentum ETF by 7.6% in the second quarter. Ameriprise Financial Inc. now owns 9,414 shares of the company’s stock valued at $640,000 after purchasing an additional 665 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Down 1.5%

Shares of XSMO stock opened at $90.45 on Friday. The business has a 50-day moving average price of $87.71 and a two-hundred day moving average price of $81.00. The firm has a market cap of $3.07 billion, a P/E ratio of 19.29 and a beta of 1.08. Invesco S&P SmallCap Momentum ETF has a 12-month low of $66.16 and a 12-month high of $93.68.

Invesco S&P SmallCap Momentum ETF 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.