Invesco S&P SmallCap Momentum ETF $XSMO Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lowered its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 11.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,764 shares of the company’s stock after selling 17,090 shares during the period. Sequoia Financial Advisors LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $9,789,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in XSMO. Fifth Third Securities Inc. increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 1.3% during the fourth quarter. Fifth Third Securities Inc. now owns 14,155 shares of the company’s stock valued at $1,019,000 after purchasing an additional 180 shares during the period. Stonebridge Financial Group LLC MO lifted its holdings in Invesco S&P SmallCap Momentum ETF by 1.5% in the first quarter. Stonebridge Financial Group LLC MO now owns 12,148 shares of the company’s stock worth $923,000 after purchasing an additional 182 shares during the period. Mutual Advisors LLC lifted its holdings in Invesco S&P SmallCap Momentum ETF by 4.1% in the fourth quarter. Mutual Advisors LLC now owns 5,016 shares of the company’s stock worth $361,000 after purchasing an additional 197 shares during the period. Colonial River Investments LLC grew its position in Invesco S&P SmallCap Momentum ETF by 2.0% in the 4th quarter. Colonial River Investments LLC now owns 9,965 shares of the company’s stock valued at $718,000 after buying an additional 200 shares in the last quarter. Finally, Rehmann Capital Advisory Group grew its position in Invesco S&P SmallCap Momentum ETF by 6.0% in the 3rd quarter. Rehmann Capital Advisory Group now owns 3,749 shares of the company’s stock valued at $276,000 after buying an additional 212 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Down 0.3%

Invesco S&P SmallCap Momentum ETF stock traded down $0.28 during trading hours on Friday, hitting $89.12. 244,088 shares of the company traded hands, compared to its average volume of 261,927. Invesco S&P SmallCap Momentum ETF has a 1-year low of $66.16 and a 1-year high of $93.68. The firm has a market cap of $3.05 billion, a P/E ratio of 19.29 and a beta of 1.08. The firm’s 50-day simple moving average is $88.25 and its two-hundred day simple moving average is $81.62.

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.