Seaview Investment Managers LLC Grows Holdings in Invesco S&P SmallCap Momentum ETF $XSMO

Seaview Investment Managers LLC lifted its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 270.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 58,567 shares of the company’s stock after acquiring an additional 42,750 shares during the quarter. Invesco S&P SmallCap Momentum ETF makes up about 1.6% of Seaview Investment Managers LLC’s investment portfolio, making the stock its 28th biggest position. Seaview Investment Managers LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $4,217,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in XSMO. EPG Wealth Management LLC increased its position in Invesco S&P SmallCap Momentum ETF by 12.8% in the third quarter. EPG Wealth Management LLC now owns 87,751 shares of the company’s stock worth $6,456,000 after buying an additional 9,971 shares during the period. HighTower Advisors LLC grew its stake in shares of Invesco S&P SmallCap Momentum ETF by 650.2% in the third quarter. HighTower Advisors LLC now owns 56,739 shares of the company’s stock worth $4,174,000 after purchasing an additional 49,176 shares in the last quarter. Apollon Wealth Management LLC boosted its stake in Invesco S&P SmallCap Momentum ETF by 1.6% during the fourth quarter. Apollon Wealth Management LLC now owns 384,931 shares of the company’s stock valued at $27,719,000 after buying an additional 6,215 shares in the last quarter. Fortis Capital Advisors LLC bought a new position in Invesco S&P SmallCap Momentum ETF during the fourth quarter valued at about $719,000. Finally, USAdvisors Wealth Management LLC boosted its stake in Invesco S&P SmallCap Momentum ETF by 8.9% during the third quarter. USAdvisors Wealth Management LLC now owns 97,487 shares of the company’s stock valued at $7,172,000 after buying an additional 7,971 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

NYSEARCA:XSMO opened at $86.06 on Tuesday. Invesco S&P SmallCap Momentum ETF has a 1-year low of $64.02 and a 1-year high of $88.57. The firm has a market capitalization of $2.70 billion, a price-to-earnings ratio of 19.29 and a beta of 1.11. The stock has a fifty day simple moving average of $81.79 and a 200 day simple moving average of $77.68.

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.