RFG Advisory LLC Cuts Stake in Invesco S&P SmallCap Momentum ETF $XSMO

RFG Advisory LLC cut its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 62.3% during the second quarter, HoldingsChannel.com reports. The firm owned 46,421 shares of the company’s stock after selling 76,686 shares during the period. RFG Advisory LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $4,346,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. boosted its position in shares of Invesco S&P SmallCap Momentum ETF by 154.4% in the 2nd quarter. Raymond James Financial Inc. now owns 1,033,548 shares of the company’s stock worth $70,302,000 after purchasing an additional 627,318 shares in the last quarter. Thrivent Financial for Lutherans purchased a new position in Invesco S&P SmallCap Momentum ETF during the 4th quarter worth $17,019,000. Cetera Investment Advisers grew its stake in Invesco S&P SmallCap Momentum ETF by 37.6% during the 4th quarter. Cetera Investment Advisers now owns 810,567 shares of the company’s stock worth $58,369,000 after buying an additional 221,567 shares during the last quarter. Core Wealth Advisors LLC acquired a new position in Invesco S&P SmallCap Momentum ETF during the 4th quarter valued at about $15,901,000. Finally, Orion Porfolio Solutions LLC increased its position in Invesco S&P SmallCap Momentum ETF by 1,298.5% during the 4th quarter. Orion Porfolio Solutions LLC now owns 234,273 shares of the company’s stock valued at $16,870,000 after buying an additional 217,521 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

Invesco S&P SmallCap Momentum ETF stock opened at $84.16 on Thursday. The stock has a market cap of $2.94 billion, a PE ratio of 19.29 and a beta of 1.08. The stock has a 50-day moving average of $87.35 and a two-hundred day moving average of $84.80. Invesco S&P SmallCap Momentum ETF has a one year low of $68.59 and a one year high of $93.68.

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.