Cambridge Investment Research Advisors Inc. Raises Stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Cambridge Investment Research Advisors Inc. boosted its holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 2.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 120,821 shares of the company’s stock after buying an additional 3,061 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 1.72% of Invesco S&P SmallCap Momentum ETF worth $7,255,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Institute for Wealth Management LLC. increased its position in shares of Invesco S&P SmallCap Momentum ETF by 1.5% in the second quarter. Institute for Wealth Management LLC. now owns 21,703 shares of the company’s stock worth $1,303,000 after acquiring an additional 312 shares in the last quarter. Focus Financial Network Inc. increased its holdings in Invesco S&P SmallCap Momentum ETF by 0.5% in the 2nd quarter. Focus Financial Network Inc. now owns 200,950 shares of the company’s stock valued at $13,090,000 after purchasing an additional 905 shares in the last quarter. Raymond James & Associates raised its position in Invesco S&P SmallCap Momentum ETF by 19.6% in the second quarter. Raymond James & Associates now owns 77,338 shares of the company’s stock valued at $4,644,000 after purchasing an additional 12,690 shares during the period. ERn Financial LLC lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 4.8% during the second quarter. ERn Financial LLC now owns 10,519 shares of the company’s stock worth $632,000 after purchasing an additional 477 shares in the last quarter. Finally, Provident Wealth Management LLC boosted its position in shares of Invesco S&P SmallCap Momentum ETF by 10.3% in the second quarter. Provident Wealth Management LLC now owns 81,033 shares of the company’s stock worth $4,866,000 after buying an additional 7,586 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Performance

Shares of XSMO stock traded down $0.12 during trading hours on Wednesday, reaching $65.13. The company had a trading volume of 12,018 shares, compared to its average volume of 213,230. The stock’s fifty day simple moving average is $62.54 and its 200 day simple moving average is $60.32. The company has a market capitalization of $457.21 million, a P/E ratio of 15.91 and a beta of 1.19. Invesco S&P SmallCap Momentum ETF has a twelve month low of $45.10 and a twelve month 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.