Private Advisor Group LLC Has $5.80 Million Holdings in Invesco S&P SmallCap Momentum ETF $XSMO

Private Advisor Group LLC decreased its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 18.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,807 shares of the company’s stock after selling 18,349 shares during the period. Private Advisor Group LLC owned approximately 0.28% of Invesco S&P SmallCap Momentum ETF worth $5,798,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Beacon Capital Management Inc. acquired a new position in Invesco S&P SmallCap Momentum ETF in the 2nd quarter worth $27,000. Hazlett Burt & Watson Inc. increased its holdings in Invesco S&P SmallCap Momentum ETF by 234.4% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 535 shares of the company’s stock worth $40,000 after purchasing an additional 375 shares in the last quarter. Parkside Financial Bank & Trust acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 2nd quarter valued at about $41,000. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at about $49,000. Finally, Godsey & Gibb Inc. bought a new stake in shares of Invesco S&P SmallCap Momentum ETF in the third quarter valued at about $57,000.

Invesco S&P SmallCap Momentum ETF Price Performance

XSMO stock opened at $75.14 on Friday. The stock has a market capitalization of $2.19 billion, a P/E ratio of 19.29 and a beta of 1.07. The business has a 50-day moving average of $77.65 and a 200-day moving average of $74.54. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $53.89 and a fifty-two week high of $81.36.

Invesco S&P SmallCap Momentum ETF 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.