Perennial Investment Advisors LLC increased its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) by 63.4% during the second quarter, Holdings Channel.com reports. The fund owned 21,947 shares of the company’s stock after buying an additional 8,518 shares during the period. Perennial Investment Advisors LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $1,493,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Harbor Asset Planning Inc. bought a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 2nd quarter valued at $40,000. Parkside Financial Bank & Trust bought a new position in shares of Invesco S&P SmallCap Momentum ETF in the 2nd quarter worth about $41,000. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Invesco S&P SmallCap Momentum ETF in the 1st quarter valued at about $47,000. Cape Investment Advisory Inc. grew its stake in Invesco S&P SmallCap Momentum ETF by 48.8% during the first quarter. Cape Investment Advisory Inc. now owns 896 shares of the company’s stock worth $56,000 after purchasing an additional 294 shares during the period. Finally, Whittier Trust Co. bought a new stake in Invesco S&P SmallCap Momentum ETF in the second quarter worth approximately $61,000.
Invesco S&P SmallCap Momentum ETF Stock Performance
Invesco S&P SmallCap Momentum ETF stock opened at $69.58 on Tuesday. The stock’s 50 day moving average price is $72.75 and its two-hundred day moving average price is $69.74. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of 19.29 and a beta of 1.07. Invesco S&P SmallCap Momentum ETF has a 52-week low of $53.89 and a 52-week high of $74.71.
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.
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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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