Royal Bank of Canada Purchases 35,899 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Royal Bank of Canada boosted its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 33.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 143,914 shares of the company’s stock after purchasing an additional 35,899 shares during the quarter. Royal Bank of Canada owned about 0.46% of Invesco S&P SmallCap Momentum ETF worth $10,940,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. GHP Investment Advisors Inc. bought a new position in Invesco S&P SmallCap Momentum ETF in the first quarter valued at approximately $29,000. Your Advocates Ltd. LLP bought a new position in shares of Invesco S&P SmallCap Momentum ETF in the 1st quarter worth $32,000. High Note Wealth LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the fourth quarter worth $33,000. Allworth Financial LP increased its holdings in Invesco S&P SmallCap Momentum ETF by 350.3% in the fourth quarter. Allworth Financial LP now owns 680 shares of the company’s stock valued at $49,000 after purchasing an additional 529 shares during the last quarter. Finally, Blair William & Co. IL increased its holdings in Invesco S&P SmallCap Momentum ETF by 10,957.1% in the third quarter. Blair William & Co. IL now owns 774 shares of the company’s stock valued at $57,000 after purchasing an additional 767 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Up 0.4%

NYSEARCA:XSMO opened at $88.70 on Friday. Invesco S&P SmallCap Momentum ETF has a 1-year low of $68.24 and a 1-year high of $93.68. The business’s 50-day moving average price is $88.74 and its two-hundred day moving average price is $83.49. The firm has a market capitalization of $3.10 billion, a price-to-earnings ratio of 19.29 and a beta of 1.09.

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.