Seros Financial LLC Has $9.52 Million Stock Holdings in Invesco S&P SmallCap Momentum ETF $XSMO

Seros Financial LLC increased its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 60.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 125,274 shares of the company’s stock after buying an additional 47,101 shares during the quarter. Invesco S&P SmallCap Momentum ETF accounts for approximately 6.1% of Seros Financial LLC’s holdings, making the stock its 7th largest holding. Seros Financial LLC owned 0.40% of Invesco S&P SmallCap Momentum ETF worth $9,523,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. acquired a new position in Invesco S&P SmallCap Momentum ETF in the first quarter valued at about $29,000. Your Advocates Ltd. LLP acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the first quarter worth about $32,000. High Note Wealth LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the fourth quarter worth about $33,000. Allworth Financial LP raised its position in shares of Invesco S&P SmallCap Momentum ETF by 350.3% during the fourth quarter. Allworth Financial LP now owns 680 shares of the company’s stock worth $49,000 after purchasing an additional 529 shares during the period. Finally, Blair William & Co. IL lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 10,957.1% during the 3rd quarter. Blair William & Co. IL now owns 774 shares of the company’s stock valued at $57,000 after purchasing an additional 767 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

Shares of XSMO opened at $88.75 on Thursday. The stock has a 50 day simple moving average of $88.28 and a 200 day simple moving average of $81.95. Invesco S&P SmallCap Momentum ETF has a 52-week low of $66.16 and a 52-week high of $93.68. The firm has a market capitalization of $3.05 billion, a PE ratio of 19.29 and a beta of 1.08.

Invesco S&P SmallCap Momentum ETF Company 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.