Capstone Wealth Management Group LLC lowered its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) by 71.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 12,054 shares of the company’s stock after selling 29,549 shares during the period. Capstone Wealth Management Group LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $983,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its stake in Invesco S&P SmallCap Momentum ETF by 4.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,785,627 shares of the company’s stock valued at $167,188,000 after purchasing an additional 69,188 shares during the period. Markowski Investments bought a new position in Invesco S&P SmallCap Momentum ETF in the 2nd quarter worth about $18,314,000. Cetera Investment Advisers grew its position in Invesco S&P SmallCap Momentum ETF by 7.3% in the 1st quarter. Cetera Investment Advisers now owns 870,093 shares of the company’s stock worth $66,144,000 after purchasing an additional 59,526 shares during the last quarter. Seros Financial LLC grew its position in Invesco S&P SmallCap Momentum ETF by 60.3% in the 1st quarter. Seros Financial LLC now owns 125,274 shares of the company’s stock worth $9,523,000 after purchasing an additional 47,101 shares during the last quarter. Finally, Waverly Advisors LLC grew its position in Invesco S&P SmallCap Momentum ETF by 31.6% in the 2nd quarter. Waverly Advisors LLC now owns 33,069 shares of the company’s stock worth $3,096,000 after purchasing an additional 7,933 shares during the last quarter.
Invesco S&P SmallCap Momentum ETF Trading Up 1.3%
Shares of NYSEARCA:XSMO opened at $81.42 on Thursday. The firm’s 50 day moving average is $81.52 and its two-hundred day moving average is $83.39. Invesco S&P SmallCap Momentum ETF has a 52 week low of $68.59 and a 52 week high of $93.68. The firm has a market capitalization of $2.82 billion, a P/E ratio of 19.29 and a beta of 1.12.
About Invesco S&P SmallCap Momentum ETF
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.
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