Envestnet Asset Management Inc. grew its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) by 9.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,340,492 shares of the company’s stock after purchasing an additional 110,899 shares during the quarter. Envestnet Asset Management Inc. owned approximately 19.10% of Invesco S&P SmallCap Momentum ETF worth $88,620,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. HighTower Advisors LLC boosted its holdings in Invesco S&P SmallCap Momentum ETF by 33.9% in the third quarter. HighTower Advisors LLC now owns 6,395 shares of the company’s stock valued at $423,000 after acquiring an additional 1,618 shares during the last quarter. FMR LLC grew its stake in shares of Invesco S&P SmallCap Momentum ETF by 68.0% during the third quarter. FMR LLC now owns 2,172 shares of the company’s stock valued at $144,000 after acquiring an additional 879 shares in the last quarter. Jane Street Group LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF during the 3rd quarter valued at approximately $292,000. Janney Montgomery Scott LLC increased its stake in shares of Invesco S&P SmallCap Momentum ETF by 8.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 118,081 shares of the company’s stock worth $7,806,000 after buying an additional 8,906 shares during the last quarter. Finally, Atria Investments Inc increased its position in shares of Invesco S&P SmallCap Momentum ETF by 8.5% in the 4th quarter. Atria Investments Inc now owns 17,850 shares of the company’s stock worth $1,180,000 after purchasing an additional 1,404 shares during the last quarter.
Invesco S&P SmallCap Momentum ETF Stock Down 2.7 %
Shares of NYSEARCA XSMO opened at $55.15 on Wednesday. The stock has a market capitalization of $1.25 billion, a P/E ratio of 15.65 and a beta of 1.11. Invesco S&P SmallCap Momentum ETF has a 52-week low of $53.89 and a 52-week high of $74.38. The stock’s 50 day moving average price is $64.09 and its two-hundred day moving average price is $66.85.
Invesco S&P SmallCap Momentum ETF Dividend Announcement
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.
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