Invesco S&P SmallCap Momentum ETF $XSMO Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 7.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 870,093 shares of the company’s stock after buying an additional 59,526 shares during the period. Cetera Investment Advisers’ holdings in Invesco S&P SmallCap Momentum ETF were worth $66,144,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. LPL Financial LLC boosted its stake in shares of Invesco S&P SmallCap Momentum ETF by 3.2% in the fourth quarter. LPL Financial LLC now owns 2,171,515 shares of the company’s stock valued at $156,371,000 after buying an additional 66,942 shares in the last quarter. Osaic Holdings Inc. grew its holdings in Invesco S&P SmallCap Momentum ETF by 2.0% during the fourth quarter. Osaic Holdings Inc. now owns 1,730,681 shares of the company’s stock worth $124,644,000 after acquiring an additional 33,235 shares during the period. Raymond James Financial Inc. raised its position in Invesco S&P SmallCap Momentum ETF by 28.4% in the third quarter. Raymond James Financial Inc. now owns 1,327,495 shares of the company’s stock worth $97,664,000 after acquiring an additional 293,947 shares in the last quarter. Morgan Stanley raised its position in Invesco S&P SmallCap Momentum ETF by 23.7% in the fourth quarter. Morgan Stanley now owns 942,702 shares of the company’s stock worth $67,884,000 after acquiring an additional 180,690 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in Invesco S&P SmallCap Momentum ETF by 5.8% in the fourth quarter. Wells Fargo & Company MN now owns 835,228 shares of the company’s stock worth $60,145,000 after acquiring an additional 45,527 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

Invesco S&P SmallCap Momentum ETF stock opened at $87.45 on Friday. The company has a market cap of $3.02 billion, a P/E ratio of 19.29 and a beta of 1.08. Invesco S&P SmallCap Momentum ETF has a one year low of $66.16 and a one year high of $93.68. The business has a fifty day moving average of $88.49 and a two-hundred day moving average of $82.61.

Invesco S&P SmallCap Momentum ETF Company 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.