Invesco S&P SmallCap Momentum ETF $XSMO Shares Bought by Global View Capital Management LLC

Global View Capital Management LLC boosted its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 571.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 54,398 shares of the company’s stock after acquiring an additional 46,295 shares during the period. Invesco S&P SmallCap Momentum ETF accounts for about 1.0% of Global View Capital Management LLC’s investment portfolio, making the stock its 14th largest position. Global View Capital Management LLC owned about 0.16% of Invesco S&P SmallCap Momentum ETF worth $4,438,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of XSMO. Envestnet Asset Management Inc. lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 4.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,785,627 shares of the company’s stock valued at $167,188,000 after buying an additional 69,188 shares in the last quarter. Cetera Investment Advisers increased its stake in Invesco S&P SmallCap Momentum ETF by 7.3% in the 1st quarter. Cetera Investment Advisers now owns 870,093 shares of the company’s stock worth $66,144,000 after buying an additional 59,526 shares in the last quarter. Apollon Wealth Management LLC raised its holdings in Invesco S&P SmallCap Momentum ETF by 16.6% during the third quarter. Apollon Wealth Management LLC now owns 646,349 shares of the company’s stock valued at $52,729,000 after acquiring an additional 92,041 shares during the period. Gratus Wealth Advisors LLC raised its holdings in Invesco S&P SmallCap Momentum ETF by 0.8% during the third quarter. Gratus Wealth Advisors LLC now owns 531,647 shares of the company’s stock valued at $43,372,000 after acquiring an additional 4,207 shares during the period. Finally, Bank of America Corp DE raised its holdings in Invesco S&P SmallCap Momentum ETF by 17.0% during the first quarter. Bank of America Corp DE now owns 474,699 shares of the company’s stock valued at $36,087,000 after acquiring an additional 68,961 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Down 1.9%

Shares of Invesco S&P SmallCap Momentum ETF stock opened at $80.98 on Friday. The stock’s 50-day simple moving average is $82.36 and its 200-day simple moving average is $83.29. Invesco S&P SmallCap Momentum ETF has a 52 week low of $68.59 and a 52 week high of $93.68. The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of 19.29 and a beta of 1.11.

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.