Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $85.68 and last traded at $85.62, with a volume of 17446 shares traded. The stock had previously closed at $85.19.
Invesco S&P SmallCap Momentum ETF Stock Down 0.4%
The firm has a market capitalization of $2.58 billion, a P/E ratio of 19.29 and a beta of 1.06. The stock has a fifty day moving average of $78.63 and a 200-day moving average of $75.58.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of XSMO. Capstone Wealth Management Group LLC grew its holdings in shares of Invesco S&P SmallCap Momentum ETF by 138.0% during the first quarter. Capstone Wealth Management Group LLC now owns 46,666 shares of the company’s stock worth $2,928,000 after buying an additional 27,061 shares in the last quarter. Focus Partners Wealth acquired a new position in Invesco S&P SmallCap Momentum ETF during the first quarter valued at approximately $539,000. Cerity Partners LLC acquired a new position in Invesco S&P SmallCap Momentum ETF during the second quarter valued at approximately $818,000. Raymond James Financial Inc. boosted its position in Invesco S&P SmallCap Momentum ETF by 154.4% during the second quarter. Raymond James Financial Inc. now owns 1,033,548 shares of the company’s stock valued at $70,302,000 after purchasing an additional 627,318 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in Invesco S&P SmallCap Momentum ETF by 7.6% during 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 during the last quarter.
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.
Further Reading
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