Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Get Free Report)’s share price reached a new 52-week high on Wednesday . The company traded as high as $93.68 and last traded at $93.63, with a volume of 204837 shares. The stock had previously closed at $92.01.
Invesco S&P SmallCap Momentum ETF Trading Up 1.8%
The firm’s 50-day moving average price is $87.45 and its 200-day moving average price is $80.78. The stock has a market capitalization of $2.93 billion, a PE ratio of 19.29 and a beta of 1.09.
Hedge Funds Weigh In On Invesco S&P SmallCap Momentum ETF
A number of institutional investors and hedge funds have recently modified their holdings of XSMO. Total Clarity Wealth Management Inc. bought a new position in Invesco S&P SmallCap Momentum ETF in the 1st quarter valued at $665,000. Apollon Wealth Management LLC lifted its position in shares of 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 worth $27,719,000 after purchasing an additional 6,215 shares during the last quarter. USAdvisors Wealth Management LLC lifted its position in shares of 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 worth $7,172,000 after purchasing an additional 7,971 shares during the last quarter. Redhawk Wealth Advisors Inc. boosted its stake in shares of Invesco S&P SmallCap Momentum ETF by 79.6% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 62,759 shares of the company’s stock valued at $4,519,000 after purchasing an additional 27,816 shares during the period. Finally, Fortis Capital Advisors LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF during the fourth quarter valued at $719,000.
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.
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