Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Reaches New 1-Year High – Here’s What Happened

Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $82.72 and last traded at $82.68, with a volume of 165504 shares traded. The stock had previously closed at $81.76.

Invesco S&P SmallCap Momentum ETF Stock Up 1.1%

The company’s fifty day moving average is $78.13 and its 200 day moving average is $75.21. The firm has a market cap of $2.50 billion, a price-to-earnings ratio of 19.29 and a beta of 1.06.

Institutional Trading of Invesco S&P SmallCap Momentum ETF

A number of large investors have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. lifted its stake in Invesco S&P SmallCap Momentum ETF by 45,659.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 22,422 shares of the company’s stock valued at $1,615,000 after acquiring an additional 22,373 shares during the last quarter. World Investment Advisors lifted its stake in Invesco S&P SmallCap Momentum ETF by 59.6% in the fourth quarter. World Investment Advisors now owns 5,510 shares of the company’s stock valued at $397,000 after acquiring an additional 2,058 shares during the last quarter. Rehmann Capital Advisory Group lifted its stake in Invesco S&P SmallCap Momentum ETF by 70.4% in the fourth quarter. Rehmann Capital Advisory Group now owns 6,389 shares of the company’s stock valued at $460,000 after acquiring an additional 2,640 shares during the last quarter. Sankala Group LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at $212,000. Finally, Anderson Financial Strategies LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 3.1% in the fourth quarter. Anderson Financial Strategies LLC now owns 85,454 shares of the company’s stock valued at $6,154,000 after acquiring an additional 2,564 shares during the last quarter.

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.