James Investment Research Inc. lowered its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) by 55.3% in the 1st quarter, Holdings Channel.com reports. The fund owned 6,449 shares of the company’s stock after selling 7,970 shares during the quarter. James Investment Research Inc.’s holdings in Invesco S&P SmallCap Momentum ETF were worth $490,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in XSMO. Total Clarity Wealth Management Inc. bought a new position in Invesco S&P SmallCap Momentum ETF in the first quarter valued at about $665,000. Apollon Wealth Management LLC boosted its position in shares of Invesco S&P SmallCap Momentum ETF by 1.6% in the fourth quarter. Apollon Wealth Management LLC now owns 384,931 shares of the company’s stock worth $27,719,000 after purchasing an additional 6,215 shares during the period. Redhawk Wealth Advisors Inc. increased its stake in Invesco S&P SmallCap Momentum ETF by 79.6% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 62,759 shares of the company’s stock worth $4,519,000 after buying an additional 27,816 shares in the last quarter. Fortis Capital Advisors LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF in the 4th quarter worth $719,000. Finally, Capital Investment Counsel LLC bought a new stake in Invesco S&P SmallCap Momentum ETF during the fourth quarter valued at about $2,245,000.
Invesco S&P SmallCap Momentum ETF Stock Down 1.5%
Shares of Invesco S&P SmallCap Momentum ETF stock opened at $90.45 on Friday. The stock’s 50-day simple moving average is $87.71 and its 200-day simple moving average is $81.00. Invesco S&P SmallCap Momentum ETF has a 52 week low of $66.16 and a 52 week high of $93.68. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 19.29 and a beta of 1.08.
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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