NewEdge Advisors LLC Has $1.71 Million Holdings in Invesco S&P SmallCap Momentum ETF $XSMO

NewEdge Advisors LLC trimmed its holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 72.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,544 shares of the company’s stock after selling 60,300 shares during the quarter. NewEdge Advisors LLC owned 0.07% of Invesco S&P SmallCap Momentum ETF worth $1,714,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of XSMO. LPL Financial LLC grew its position in Invesco S&P SmallCap Momentum ETF by 3.2% in the 4th quarter. LPL Financial LLC now owns 2,171,515 shares of the company’s stock worth $156,371,000 after purchasing an additional 66,942 shares during the last quarter. Osaic Holdings Inc. increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 2.0% during the 4th quarter. Osaic Holdings Inc. now owns 1,730,681 shares of the company’s stock worth $124,644,000 after purchasing an additional 33,235 shares during the period. Raymond James Financial Inc. raised its position in shares of Invesco S&P SmallCap Momentum ETF by 28.4% during the third quarter. Raymond James Financial Inc. now owns 1,327,495 shares of the company’s stock valued at $97,664,000 after buying an additional 293,947 shares during the last quarter. Morgan Stanley raised its position in shares of Invesco S&P SmallCap Momentum ETF by 23.7% during the fourth quarter. Morgan Stanley now owns 942,702 shares of the company’s stock valued at $67,884,000 after buying an additional 180,690 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 7.3% in the first quarter. Cetera Investment Advisers now owns 870,093 shares of the company’s stock valued at $66,144,000 after buying an additional 59,526 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Up 0.9%

XSMO stock opened at $89.59 on Friday. Invesco S&P SmallCap Momentum ETF has a twelve month low of $68.59 and a twelve month high of $93.68. The company has a market cap of $3.13 billion, a PE ratio of 19.29 and a beta of 1.09. The business’s 50-day simple moving average is $88.88 and its 200 day simple moving average is $83.89.

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.