46,295 Invesco S&P SmallCap Momentum ETF $XSMO Shares Purchased by Global View Capital Management LLC

Global View Capital Management LLC increased its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 571.3% in the third quarter, Holdings Channel.com reports. The fund owned 54,398 shares of the company’s stock after purchasing an additional 46,295 shares during the period. Invesco S&P SmallCap Momentum ETF comprises about 1.0% of Global View Capital Management LLC’s holdings, making the stock its 14th biggest position. Global View Capital Management LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $4,438,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its stake in Invesco S&P SmallCap Momentum ETF by 4.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,785,627 shares of the company’s stock valued at $167,188,000 after acquiring an additional 69,188 shares in the last quarter. Cetera Investment Advisers increased its holdings in Invesco S&P SmallCap Momentum ETF by 7.3% in the 1st quarter. Cetera Investment Advisers now owns 870,093 shares of the company’s stock valued at $66,144,000 after acquiring an additional 59,526 shares during the last quarter. Apollon Wealth Management LLC increased its holdings in Invesco S&P SmallCap Momentum ETF by 16.6% in the 3rd quarter. Apollon Wealth Management LLC now owns 646,349 shares of the company’s stock valued at $52,729,000 after acquiring an additional 92,041 shares during the last quarter. Gratus Wealth Advisors LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 0.8% in the 3rd quarter. Gratus Wealth Advisors LLC now owns 531,647 shares of the company’s stock worth $43,372,000 after purchasing an additional 4,207 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in Invesco S&P SmallCap Momentum ETF by 17.0% in the 1st quarter. Bank of America Corp DE now owns 474,699 shares of the company’s stock worth $36,087,000 after purchasing an additional 68,961 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Down 1.9%

XSMO opened at $80.98 on Friday. The firm has a 50-day simple moving average of $82.36 and a two-hundred day simple moving average of $83.29. Invesco S&P SmallCap Momentum ETF has a 52 week low of $68.59 and a 52 week high of $93.68. The company has a market capitalization of $2.82 billion, a PE ratio of 19.29 and a beta of 1.11.

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.