Waverly Advisors LLC Increases Holdings in Invesco S&P SmallCap Momentum ETF $XSMO

Waverly Advisors LLC grew its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 76.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,136 shares of the company’s stock after acquiring an additional 10,915 shares during the quarter. Waverly Advisors LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $1,911,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. GHP Investment Advisors Inc. purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the first quarter worth $29,000. Your Advocates Ltd. LLP purchased a new position in shares of Invesco S&P SmallCap Momentum ETF in the 1st quarter worth about $32,000. High Note Wealth LLC bought a new position in Invesco S&P SmallCap Momentum ETF in the 4th quarter worth about $33,000. Allworth Financial LP boosted its stake in Invesco S&P SmallCap Momentum ETF by 350.3% in the 4th quarter. Allworth Financial LP now owns 680 shares of the company’s stock worth $49,000 after purchasing an additional 529 shares in the last quarter. Finally, Blair William & Co. IL boosted its stake in Invesco S&P SmallCap Momentum ETF by 10,957.1% in the 3rd quarter. Blair William & Co. IL now owns 774 shares of the company’s stock worth $57,000 after purchasing an additional 767 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

Shares of XSMO stock opened at $86.96 on Friday. The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 19.29 and a beta of 1.08. Invesco S&P SmallCap Momentum ETF has a one year low of $66.16 and a one year high of $93.68. The company’s 50-day moving average is $88.66 and its 200 day moving average is $83.02.

About Invesco S&P SmallCap Momentum ETF

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.