Wealth Enhancement Advisory Services LLC Acquires 25,515 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 14.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 196,737 shares of the company’s stock after purchasing an additional 25,515 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 2.80% of Invesco S&P SmallCap Momentum ETF worth $11,814,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in XSMO. Wells Fargo & Company MN raised its stake in Invesco S&P SmallCap Momentum ETF by 86.0% during the 4th quarter. Wells Fargo & Company MN now owns 278,586 shares of the company’s stock valued at $15,784,000 after purchasing an additional 128,780 shares during the period. Provident Wealth Management LLC bought a new stake in Invesco S&P SmallCap Momentum ETF during the 1st quarter valued at approximately $4,430,000. Cambridge Investment Research Advisors Inc. raised its stake in Invesco S&P SmallCap Momentum ETF by 284.3% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 96,256 shares of the company’s stock valued at $5,453,000 after purchasing an additional 71,208 shares during the period. Theory Financial LLC bought a new stake in Invesco S&P SmallCap Momentum ETF during the 4th quarter valued at approximately $4,017,000. Finally, Janney Montgomery Scott LLC increased its stake 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 acquiring an additional 68,862 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA:XSMO traded down $0.24 during trading hours on Wednesday, reaching $61.98. The stock had a trading volume of 50,346 shares, compared to its average volume of 214,756. Invesco S&P SmallCap Momentum ETF has a 52 week low of $45.10 and a 52 week high of $68.32. The company has a 50 day moving average price of $61.89 and a two-hundred day moving average price of $59.83. The stock has a market capitalization of $435.10 million, a PE ratio of 15.91 and a beta of 1.19.

Invesco S&P SmallCap Momentum ETF Company 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.