Baird Financial Group Inc. Sells 334 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Baird Financial Group Inc. cut its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 6.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,590 shares of the company’s stock after selling 334 shares during the quarter. Baird Financial Group Inc.’s holdings in Invesco S&P SmallCap Momentum ETF were worth $288,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. OneDigital Investment Advisors LLC grew its stake in Invesco S&P SmallCap Momentum ETF by 6.4% in the 1st quarter. OneDigital Investment Advisors LLC now owns 3,919 shares of the company’s stock worth $246,000 after acquiring an additional 237 shares in the last quarter. D. E. Shaw & Co. Inc. grew its stake in Invesco S&P SmallCap Momentum ETF by 3.1% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 8,196 shares of the company’s stock worth $542,000 after acquiring an additional 245 shares in the last quarter. Sculati Wealth Management LLC grew its stake in Invesco S&P SmallCap Momentum ETF by 0.6% in the 4th quarter. Sculati Wealth Management LLC now owns 47,671 shares of the company’s stock worth $3,152,000 after acquiring an additional 271 shares in the last quarter. Theory Financial LLC grew its stake in Invesco S&P SmallCap Momentum ETF by 0.6% in the 1st quarter. Theory Financial LLC now owns 49,499 shares of the company’s stock worth $3,106,000 after acquiring an additional 318 shares in the last quarter. Finally, PFG Advisors grew its stake in Invesco S&P SmallCap Momentum ETF by 1.4% in the 1st quarter. PFG Advisors now owns 27,332 shares of the company’s stock worth $1,715,000 after acquiring an additional 383 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of XSMO stock opened at $74.29 on Friday. The company has a market capitalization of $1.89 billion, a P/E ratio of 19.29 and a beta of 1.08. The company’s 50-day simple moving average is $70.16 and its two-hundred day simple moving average is $65.78. Invesco S&P SmallCap Momentum ETF has a one year low of $53.89 and a one year high of $74.38.

Invesco S&P SmallCap Momentum ETF Company 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.