Cwm LLC Sells 12,589 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Cwm LLC cut its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 3.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 341,559 shares of the company’s stock after selling 12,589 shares during the quarter. Cwm LLC owned 1.26% of Invesco S&P SmallCap Momentum ETF worth $25,128,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Beacon Capital Management Inc. acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the 2nd quarter worth approximately $27,000. Harbor Asset Planning Inc. bought a new position in Invesco S&P SmallCap Momentum ETF in the second quarter worth $40,000. Parkside Financial Bank & Trust acquired a new stake in Invesco S&P SmallCap Momentum ETF during the second quarter worth $41,000. Edmond DE Rothschild Holding S.A. bought a new stake in Invesco S&P SmallCap Momentum ETF in the 1st quarter valued at $47,000. Finally, Cape Investment Advisory Inc. raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 48.8% in the 1st quarter. Cape Investment Advisory Inc. now owns 896 shares of the company’s stock valued at $56,000 after buying an additional 294 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA:XSMO opened at $74.63 on Friday. The company has a 50-day moving average of $72.82 and a 200-day moving average of $71.22. Invesco S&P SmallCap Momentum ETF has a 52 week low of $53.89 and a 52 week high of $75.93. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 19.29 and a beta of 1.07.

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.