HighTower Advisors LLC Acquires 1,618 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

HighTower Advisors LLC increased its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 33.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,395 shares of the company’s stock after acquiring an additional 1,618 shares during the quarter. HighTower Advisors LLC owned about 0.09% of Invesco S&P SmallCap Momentum ETF worth $423,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Stephens Inc. AR increased its position in shares of Invesco S&P SmallCap Momentum ETF by 2.2% in the third quarter. Stephens Inc. AR now owns 7,174 shares of the company’s stock worth $475,000 after purchasing an additional 155 shares during the period. Comprehensive Wealth Management LLC increased its stake in shares of Invesco S&P SmallCap Momentum ETF by 2.3% in the 3rd quarter. Comprehensive Wealth Management LLC now owns 10,455 shares of the company’s stock valued at $692,000 after purchasing an additional 240 shares during the last quarter. Silverlake Wealth Management LLC raised its holdings in shares of Invesco S&P SmallCap Momentum ETF by 9.7% during the 3rd quarter. Silverlake Wealth Management LLC now owns 4,389 shares of the company’s stock worth $291,000 after buying an additional 389 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF in the second quarter valued at about $26,000. Finally, ERn Financial LLC grew its position in Invesco S&P SmallCap Momentum ETF by 4.9% in the third quarter. ERn Financial LLC now owns 11,034 shares of the company’s stock valued at $730,000 after acquiring an additional 515 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA XSMO opened at $66.56 on Friday. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $54.00 and a fifty-two week high of $74.38. The stock has a market cap of $467.25 million, a PE ratio of 15.91 and a beta of 1.19. The firm’s fifty day moving average price is $69.62 and its two-hundred day moving average price is $65.42.

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.