Valley National Advisers Inc. Boosts Stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Valley National Advisers Inc. boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,048 shares of the company’s stock after acquiring an additional 162 shares during the period. Valley National Advisers Inc. owned 0.07% of Invesco S&P SmallCap Momentum ETF worth $333,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Mainstay Capital Management LLC ADV acquired a new position in shares of Invesco S&P SmallCap Momentum ETF during the 3rd quarter valued at about $46,409,000. Apollon Wealth Management LLC purchased a new position in Invesco S&P SmallCap Momentum ETF during the third quarter worth about $16,982,000. Marmo Financial Group LLC boosted its holdings in Invesco S&P SmallCap Momentum ETF by 139.4% in the 3rd quarter. Marmo Financial Group LLC now owns 268,613 shares of the company’s stock valued at $17,779,000 after purchasing an additional 156,422 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Invesco S&P SmallCap Momentum ETF by 586.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 161,556 shares of the company’s stock valued at $10,693,000 after buying an additional 138,037 shares during the period. Finally, Truist Financial Corp acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the 2nd quarter worth approximately $5,147,000.

Invesco S&P SmallCap Momentum ETF Stock Performance

XSMO opened at $69.39 on Monday. The stock has a market capitalization of $487.12 million, a PE ratio of 15.91 and a beta of 1.19. Invesco S&P SmallCap Momentum ETF has a one year low of $55.05 and a one year high of $74.38. The business’s 50 day moving average price is $68.88 and its 200 day moving average price is $66.88.

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.