Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Sets New 1-Year High – Here’s What Happened

Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMOGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $93.68 and last traded at $93.63, with a volume of 204837 shares changing hands. The stock had previously closed at $92.01.

Invesco S&P SmallCap Momentum ETF Stock Down 1.5%

The stock has a market capitalization of $3.07 billion, a P/E ratio of 19.29 and a beta of 1.08. The business’s 50 day simple moving average is $87.71 and its two-hundred day simple moving average is $81.00.

Hedge Funds Weigh In On Invesco S&P SmallCap Momentum ETF

Several institutional investors have recently modified their holdings of the business. GHP Investment Advisors Inc. purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF during the 1st quarter worth approximately $29,000. Your Advocates Ltd. LLP purchased a new position in Invesco S&P SmallCap Momentum ETF in the first quarter valued at approximately $32,000. High Note Wealth LLC bought a new position in Invesco S&P SmallCap Momentum ETF during the fourth quarter valued at $33,000. Allworth Financial LP grew its holdings in Invesco S&P SmallCap Momentum ETF by 350.3% during the fourth quarter. Allworth Financial LP now owns 680 shares of the company’s stock valued at $49,000 after purchasing an additional 529 shares during the period. Finally, Blair William & Co. IL increased its position in Invesco S&P SmallCap Momentum ETF by 10,957.1% in the third quarter. Blair William & Co. IL now owns 774 shares of the company’s stock worth $57,000 after buying an additional 767 shares during the last quarter.

About Invesco S&P SmallCap Momentum ETF

(Get Free Report)

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.

Further Reading

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