Invesco S&P SmallCap Momentum ETF $XSMO Shares Sold by Provident Wealth Management LLC

Provident Wealth Management LLC lessened its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 26.6% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 73,507 shares of the company’s stock after selling 26,698 shares during the quarter. Invesco S&P SmallCap Momentum ETF comprises about 2.2% of Provident Wealth Management LLC’s portfolio, making the stock its 8th largest holding. Provident Wealth Management LLC owned approximately 0.21% of Invesco S&P SmallCap Momentum ETF worth $5,997,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Retirement Planning Group LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF during the third quarter worth approximately $3,952,000. Clark Wealth Partners boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 1.7% during the third quarter. Clark Wealth Partners now owns 182,458 shares of the company’s stock worth $14,885,000 after acquiring an additional 3,013 shares during the period. AlphaStar Capital Management LLC bought a new stake in shares of Invesco S&P SmallCap Momentum ETF during the third quarter worth approximately $355,000. Mather Group LLC. bought a new stake in shares of Invesco S&P SmallCap Momentum ETF during the third quarter worth approximately $79,000. Finally, Lodestone Wealth Management LLC grew its position in shares of Invesco S&P SmallCap Momentum ETF by 5.1% in the third quarter. Lodestone Wealth Management LLC now owns 23,655 shares of the company’s stock valued at $1,930,000 after purchasing an additional 1,156 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Up 1.3%

Invesco S&P SmallCap Momentum ETF stock opened at $80.02 on Wednesday. The company has a market capitalization of $2.81 billion, a price-to-earnings ratio of 19.29 and a beta of 1.11. Invesco S&P SmallCap Momentum ETF has a 12 month low of $68.59 and a 12 month high of $93.68. The stock’s 50 day moving average is $83.55 and its 200-day moving average is $85.76.

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.