Invesco S&P SmallCap Momentum ETF $XSMO Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC raised its holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 293.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 223,166 shares of the company’s stock after purchasing an additional 166,427 shares during the quarter. HighTower Advisors LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $16,070,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in XSMO. Raymond James Financial Inc. increased its stake in shares of Invesco S&P SmallCap Momentum ETF by 154.4% during the second quarter. Raymond James Financial Inc. now owns 1,033,548 shares of the company’s stock worth $70,302,000 after acquiring an additional 627,318 shares during the period. Thrivent Financial for Lutherans acquired a new stake in Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at about $17,019,000. Bank of America Corp DE lifted its position in Invesco S&P SmallCap Momentum ETF by 68.6% in the third quarter. Bank of America Corp DE now owns 443,833 shares of the company’s stock valued at $32,653,000 after purchasing an additional 180,532 shares during the period. Great Valley Advisor Group Inc. purchased a new stake in Invesco S&P SmallCap Momentum ETF in the 2nd quarter valued at approximately $8,159,000. Finally, Integrated Capital Management LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at approximately $7,559,000.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA XSMO opened at $86.06 on Monday. The stock has a market capitalization of $2.70 billion, a price-to-earnings ratio of 19.29 and a beta of 1.11. The business’s 50 day moving average is $81.57 and its two-hundred day moving average is $77.58. Invesco S&P SmallCap Momentum ETF has a 12-month low of $64.02 and a 12-month high of $88.57.

About Invesco S&P SmallCap Momentum ETF

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.