Valley National Advisers Inc. Has $172,000 Stake in Invesco S&P SmallCap Momentum ETF $XSMO

Valley National Advisers Inc. lowered its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 20.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,539 shares of the company’s stock after selling 659 shares during the quarter. Valley National Advisers Inc.’s holdings in Invesco S&P SmallCap Momentum ETF were worth $172,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Invesco S&P SmallCap Momentum ETF during the 1st quarter worth about $47,000. Cape Investment Advisory Inc. grew its holdings in Invesco S&P SmallCap Momentum ETF by 48.8% during the first quarter. Cape Investment Advisory Inc. now owns 896 shares of the company’s stock worth $56,000 after purchasing an additional 294 shares during the period. Hoey Investments Inc. acquired a new position in Invesco S&P SmallCap Momentum ETF during the first quarter worth approximately $68,000. US Bancorp DE bought a new stake in Invesco S&P SmallCap Momentum ETF in the first quarter valued at approximately $115,000. Finally, Private Trust Co. NA lifted its position in shares of Invesco S&P SmallCap Momentum ETF by 152.8% in the first quarter. Private Trust Co. NA now owns 2,404 shares of the company’s stock valued at $151,000 after buying an additional 1,453 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Up 0.1%

Shares of NYSEARCA XSMO opened at $73.61 on Tuesday. The company has a market capitalization of $1.98 billion, a P/E ratio of 19.29 and a beta of 1.08. Invesco S&P SmallCap Momentum ETF has a 12 month low of $53.89 and a 12 month high of $74.51. The stock has a 50 day moving average of $71.72 and a 200-day moving average of $67.10.

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.