Sequoia Financial Advisors LLC Has $11.27 Million Stake in Invesco S&P SmallCap Momentum ETF $XSMO

Sequoia Financial Advisors LLC reduced its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 6.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 120,337 shares of the company’s stock after selling 8,427 shares during the quarter. Sequoia Financial Advisors LLC owned about 0.34% of Invesco S&P SmallCap Momentum ETF worth $11,267,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC raised its position in Invesco S&P SmallCap Momentum ETF by 3.2% in the fourth quarter. LPL Financial LLC now owns 2,171,515 shares of the company’s stock valued at $156,371,000 after purchasing an additional 66,942 shares during the last quarter. Osaic Holdings Inc. boosted its position in Invesco S&P SmallCap Momentum ETF by 2.0% during the fourth quarter. Osaic Holdings Inc. now owns 1,730,681 shares of the company’s stock valued at $124,644,000 after acquiring an additional 33,235 shares during the last quarter. Raymond James Financial Inc. boosted its position in Invesco S&P SmallCap Momentum ETF by 28.4% during the third quarter. Raymond James Financial Inc. now owns 1,327,495 shares of the company’s stock valued at $97,664,000 after acquiring an additional 293,947 shares during the last quarter. Morgan Stanley raised its position in shares of Invesco S&P SmallCap Momentum ETF by 23.7% in the 4th quarter. Morgan Stanley now owns 942,702 shares of the company’s stock worth $67,884,000 after acquiring an additional 180,690 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of 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 worth $66,144,000 after acquiring an additional 59,526 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of Invesco S&P SmallCap Momentum ETF stock opened at $83.56 on Friday. The firm has a market cap of $2.92 billion, a price-to-earnings ratio of 19.29 and a beta of 1.08. The stock’s 50-day moving average is $87.22 and its 200 day moving average is $84.82. Invesco S&P SmallCap Momentum ETF has a one year low of $68.59 and a one year 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.