Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Sets New 12-Month High – What’s Next?

Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)’s share price reached a new 52-week high on Tuesday . The company traded as high as $88.59 and last traded at $88.58, with a volume of 166769 shares traded. The stock had previously closed at $86.06.

Invesco S&P SmallCap Momentum ETF Stock Performance

The business has a 50-day simple moving average of $81.79 and a two-hundred day simple moving average of $77.68. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of 19.29 and a beta of 1.11.

Institutional Trading of Invesco S&P SmallCap Momentum ETF

A number of institutional investors have recently bought and sold shares of the company. Mascagni Wealth Management Inc. boosted its position in Invesco S&P SmallCap Momentum ETF by 5.8% during the first quarter. Mascagni Wealth Management Inc. now owns 32,979 shares of the company’s stock worth $2,507,000 after purchasing an additional 1,796 shares in the last quarter. Sonoma Allocations LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF during the first quarter worth $567,000. Paragon Private Wealth Management LLC boosted its position in Invesco S&P SmallCap Momentum ETF by 0.7% during the first quarter. Paragon Private Wealth Management LLC now owns 33,102 shares of the company’s stock worth $2,516,000 after purchasing an additional 223 shares in the last quarter. Bank of America Corp DE boosted its position 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 worth $36,087,000 after purchasing an additional 68,961 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in Invesco S&P SmallCap Momentum ETF by 33.2% during the first quarter. Royal Bank of Canada now owns 143,914 shares of the company’s stock worth $10,940,000 after purchasing an additional 35,899 shares in the last quarter.

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.