Royal Bank of Canada Has $10.94 Million Stake in Invesco S&P SmallCap Momentum ETF $XSMO

Royal Bank of Canada boosted its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 33.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 143,914 shares of the company’s stock after acquiring an additional 35,899 shares during the quarter. Royal Bank of Canada’s holdings in Invesco S&P SmallCap Momentum ETF were worth $10,940,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Quantinno Capital Management LP grew its position in shares of Invesco S&P SmallCap Momentum ETF by 83.3% in the 1st quarter. Quantinno Capital Management LP now owns 11,412 shares of the company’s stock valued at $868,000 after acquiring an additional 5,186 shares during the period. Waverly Advisors LLC raised its holdings in shares of Invesco S&P SmallCap Momentum ETF by 76.8% in the 1st quarter. Waverly Advisors LLC now owns 25,136 shares of the company’s stock valued at $1,911,000 after purchasing an additional 10,915 shares during the period. Wealth Alliance LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 8.8% in the 1st quarter. Wealth Alliance LLC now owns 3,678 shares of the company’s stock valued at $280,000 after purchasing an additional 298 shares during the last quarter. Cetera Investment Advisers lifted its stake in Invesco S&P SmallCap Momentum ETF by 7.3% in the 1st quarter. Cetera Investment Advisers now owns 870,093 shares of the company’s stock valued at $66,144,000 after purchasing an additional 59,526 shares during the last quarter. Finally, Signature Equity Partners LLC grew its holdings in Invesco S&P SmallCap Momentum ETF by 8.3% during the first quarter. Signature Equity Partners LLC now owns 12,348 shares of the company’s stock worth $939,000 after purchasing an additional 946 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Up 0.4%

Shares of NYSEARCA XSMO opened at $88.70 on Friday. The business’s 50 day moving average price is $88.74 and its two-hundred day moving average price is $83.49. The company has a market cap of $3.10 billion, a PE ratio of 19.29 and a beta of 1.09. Invesco S&P SmallCap Momentum ETF has a twelve month low of $68.24 and a twelve month high of $93.68.

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.