Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Get Free Report) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 148,289 shares, a growth of 131.0% from the September 30th total of 64,184 shares. Based on an average daily volume of 262,038 shares, the short-interest ratio is currently 0.6 days. Approximately 0.4% of the company’s shares are short sold.
Institutional Trading of Invesco S&P SmallCap Momentum ETF
Several institutional investors have recently added to or reduced their stakes in the business. Assetmark Inc. grew its position in Invesco S&P SmallCap Momentum ETF by 13.3% during the 1st quarter. Assetmark Inc. now owns 1,529 shares of the company’s stock worth $116,000 after acquiring an additional 179 shares during the last quarter. James Investment Research Inc. boosted its position in Invesco S&P SmallCap Momentum ETF by 2.8% during the 3rd quarter. James Investment Research Inc. now owns 7,670 shares of the company’s stock valued at $626,000 after buying an additional 207 shares during the period. Paragon Private Wealth Management LLC boosted its position in Invesco S&P SmallCap Momentum ETF by 0.7% during the 1st quarter. Paragon Private Wealth Management LLC now owns 33,102 shares of the company’s stock valued at $2,516,000 after buying an additional 223 shares during the period. Wealth Alliance LLC grew its holdings in Invesco S&P SmallCap Momentum ETF by 8.8% in the 1st quarter. Wealth Alliance LLC now owns 3,678 shares of the company’s stock worth $280,000 after acquiring an additional 298 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its holdings in Invesco S&P SmallCap Momentum ETF by 1.7% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 21,559 shares of the company’s stock worth $2,019,000 after acquiring an additional 363 shares during the last quarter.
Invesco S&P SmallCap Momentum ETF Stock Performance
XSMO stock opened at $80.98 on Friday. The firm has a market cap of $2.81 billion, a P/E ratio of 19.29 and a beta of 1.11. The firm’s fifty day moving average is $82.36 and its 200 day moving average is $83.29. Invesco S&P SmallCap Momentum ETF has a 52 week low of $68.59 and a 52 week high of $93.68.
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.
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