Independent Financial Group LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) during the 1st quarter, Holdings Channel.com reports. The firm acquired 7,738 shares of the company’s stock, valued at approximately $588,000.
Several other hedge funds have also recently bought and sold shares of the company. Capstone Wealth Management Group LLC boosted its holdings in Invesco S&P SmallCap Momentum ETF by 138.0% during the 1st quarter. Capstone Wealth Management Group LLC now owns 46,666 shares of the company’s stock valued at $2,928,000 after acquiring an additional 27,061 shares during the period. Focus Partners Wealth purchased a new stake in Invesco S&P SmallCap Momentum ETF during the first quarter worth about $539,000. Cerity Partners LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the second quarter worth about $818,000. Raymond James Financial Inc. lifted its position in shares of 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 worth $70,302,000 after purchasing an additional 627,318 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of 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 worth $640,000 after purchasing an additional 665 shares in the last quarter.
Invesco S&P SmallCap Momentum ETF Stock Performance
NYSEARCA XSMO opened at $88.29 on Thursday. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 19.29 and a beta of 1.08. The firm has a 50 day simple moving average of $88.41 and a 200-day simple moving average of $82.47. Invesco S&P SmallCap Momentum ETF has a one year low of $66.16 and a one year high of $93.68.
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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Want to see what other hedge funds are holding XSMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report).
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