Lowery Thomas LLC Acquires 1,142 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Lowery Thomas LLC boosted its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 7.8% in the second quarter, Holdings Channel.com reports. The firm owned 15,697 shares of the company’s stock after purchasing an additional 1,142 shares during the quarter. Invesco S&P SmallCap Momentum ETF comprises 0.7% of Lowery Thomas LLC’s portfolio, making the stock its 29th biggest holding. Lowery Thomas LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $943,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of XSMO. Wells Fargo & Company MN increased its holdings in Invesco S&P SmallCap Momentum ETF by 86.0% in the 4th quarter. Wells Fargo & Company MN now owns 278,586 shares of the company’s stock worth $15,784,000 after purchasing an additional 128,780 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in Invesco S&P SmallCap Momentum ETF by 284.3% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 96,256 shares of the company’s stock worth $5,453,000 after purchasing an additional 71,208 shares in the last quarter. Theory Financial LLC acquired a new position in Invesco S&P SmallCap Momentum ETF in the 4th quarter worth about $4,017,000. Janney Montgomery Scott LLC increased its holdings in Invesco S&P SmallCap Momentum ETF by 1,070.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 75,293 shares of the company’s stock worth $4,266,000 after purchasing an additional 68,862 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Invesco S&P SmallCap Momentum ETF by 14.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 196,737 shares of the company’s stock worth $11,814,000 after purchasing an additional 25,515 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Down 0.0 %

XSMO traded down $0.02 on Thursday, reaching $63.20. The stock had a trading volume of 203,392 shares, compared to its average volume of 213,493. The company has a market capitalization of $443.66 million, a price-to-earnings ratio of 15.91 and a beta of 1.19. The firm has a 50-day moving average of $63.24 and a 200-day moving average of $60.65. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $45.10 and a fifty-two week high of $68.32.

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.