Providence First Trust Co lowered its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) by 49.2% in the third quarter, Holdings Channel.com reports. The fund owned 12,605 shares of the company’s stock after selling 12,201 shares during the period. Providence First Trust Co’s holdings in Invesco S&P SmallCap Momentum ETF were worth $1,028,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently modified their holdings of XSMO. Markowski Investments bought a new stake in shares of Invesco S&P SmallCap Momentum ETF during the second quarter valued at approximately $18,314,000. Commonwealth Equity Services LLC bought a new position in Invesco S&P SmallCap Momentum ETF in the third quarter worth $10,258,000. Apollon Wealth Management LLC lifted its position in Invesco S&P SmallCap Momentum ETF by 16.6% in the third quarter. Apollon Wealth Management LLC now owns 646,349 shares of the company’s stock worth $52,729,000 after purchasing an additional 92,041 shares during the period. Fifth Third Securities Inc. bought a new position in Invesco S&P SmallCap Momentum ETF in the third quarter worth $5,858,000. Finally, Kinetic Wealth Investment Advisors LLC bought a new position in Invesco S&P SmallCap Momentum ETF in the second quarter worth $6,577,000.
Invesco S&P SmallCap Momentum ETF Stock Up 1.2%
XSMO traded up $0.89 during trading on Friday, reaching $77.20. 395,797 shares of the company’s stock were exchanged, compared to its average volume of 266,925. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $68.59 and a fifty-two week high of $93.68. The business has a 50 day moving average price of $81.70 and a 200 day moving average price of $83.34. The company has a market capitalization of $2.68 billion, a P/E ratio of 19.29 and a beta of 1.12.
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.
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