Invesco S&P SmallCap Momentum ETF $XSMO Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers raised its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 7.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 870,093 shares of the company’s stock after acquiring an additional 59,526 shares during the period. Cetera Investment Advisers owned approximately 2.78% of Invesco S&P SmallCap Momentum ETF worth $66,144,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 3.2% in the fourth quarter. LPL Financial LLC now owns 2,171,515 shares of the company’s stock valued at $156,371,000 after purchasing an additional 66,942 shares during the period. Osaic Holdings Inc. lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 2.0% during the fourth quarter. Osaic Holdings Inc. now owns 1,730,681 shares of the company’s stock worth $124,644,000 after purchasing an additional 33,235 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 28.4% during the third quarter. Raymond James Financial Inc. now owns 1,327,495 shares of the company’s stock worth $97,664,000 after purchasing an additional 293,947 shares during the period. Morgan Stanley grew its position in Invesco S&P SmallCap Momentum ETF by 23.7% in the 4th quarter. Morgan Stanley now owns 942,702 shares of the company’s stock valued at $67,884,000 after buying an additional 180,690 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in Invesco S&P SmallCap Momentum ETF by 5.8% in the 4th quarter. Wells Fargo & Company MN now owns 835,228 shares of the company’s stock valued at $60,145,000 after buying an additional 45,527 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

Shares of XSMO opened at $87.45 on Friday. The stock has a market capitalization of $3.02 billion, a P/E ratio of 19.29 and a beta of 1.08. The company’s fifty day moving average is $88.49 and its two-hundred day moving average is $82.61. Invesco S&P SmallCap Momentum ETF has a 1 year low of $66.16 and a 1 year high of $93.68.

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.