Independent Advisor Alliance purchased a new position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) in the 4th quarter, HoldingsChannel reports. The fund purchased 40,776 shares of the company’s stock, valued at approximately $2,696,000.
A number of other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in Invesco S&P SmallCap Momentum ETF in the fourth quarter worth about $30,658,000. Thrivent Financial for Lutherans raised its holdings in 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 worth $10,693,000 after acquiring an additional 138,037 shares during the last quarter. Smart Money Group LLC bought a new position in Invesco S&P SmallCap Momentum ETF in the 4th quarter valued at approximately $4,101,000. Kingsview Wealth Management LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF during the 4th quarter valued at $3,870,000. Finally, USAdvisors Wealth Management LLC increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 253.3% in the 4th quarter. USAdvisors Wealth Management LLC now owns 70,486 shares of the company’s stock worth $4,659,000 after purchasing an additional 50,535 shares in the last quarter.
Invesco S&P SmallCap Momentum ETF Price Performance
XSMO stock opened at $61.01 on Thursday. Invesco S&P SmallCap Momentum ETF has a 1-year low of $55.99 and a 1-year high of $74.38. The stock has a market capitalization of $1.36 billion, a P/E ratio of 17.33 and a beta of 1.10. The business has a fifty day moving average price of $66.86 and a 200-day moving average price of $67.31.
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.
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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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