HighTower Advisors LLC increased its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) by 14.5% in the 4th quarter, HoldingsChannel reports. The firm owned 7,321 shares of the company’s stock after purchasing an additional 926 shares during the period. HighTower Advisors LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $484,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC lifted its holdings in Invesco S&P SmallCap Momentum ETF by 68.0% in the third quarter. FMR LLC now owns 2,172 shares of the company’s stock valued at $144,000 after acquiring an additional 879 shares during the period. CreativeOne Wealth LLC purchased a new position in shares of Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at about $565,000. Benjamin Edwards Inc. acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the third quarter valued at about $776,000. Arizona PSPRS Trust purchased a new stake in Invesco S&P SmallCap Momentum ETF during the third quarter worth about $1,699,000. Finally, Integrated Wealth Concepts LLC grew its position in Invesco S&P SmallCap Momentum ETF by 3.8% during the third quarter. Integrated Wealth Concepts LLC now owns 12,593 shares of the company’s stock worth $834,000 after buying an additional 457 shares during the period.
Invesco S&P SmallCap Momentum ETF Trading Down 2.1 %
XSMO stock opened at $60.87 on Monday. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 15.65 and a beta of 1.11. The firm has a 50 day moving average of $65.73 and a 200-day moving average of $67.19. Invesco S&P SmallCap Momentum ETF has a 12-month low of $55.99 and a 12-month high of $74.38.
Invesco S&P SmallCap Momentum ETF Dividend Announcement
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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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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