Belpointe Asset Management LLC Decreases Stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Belpointe Asset Management LLC lessened its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 42.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,609 shares of the company’s stock after selling 16,191 shares during the quarter. Belpointe Asset Management LLC owned about 0.31% of Invesco S&P SmallCap Momentum ETF worth $1,424,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. HighTower Advisors LLC increased its position in Invesco S&P SmallCap Momentum ETF by 33.9% in the third quarter. HighTower Advisors LLC now owns 6,395 shares of the company’s stock worth $423,000 after purchasing an additional 1,618 shares during the last quarter. FMR LLC grew its stake in shares of Invesco S&P SmallCap Momentum ETF by 68.0% in the 3rd quarter. FMR LLC now owns 2,172 shares of the company’s stock worth $144,000 after buying an additional 879 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 3rd quarter worth about $292,000. Janney Montgomery Scott LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF by 8.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 118,081 shares of the company’s stock valued at $7,806,000 after buying an additional 8,906 shares in the last quarter. Finally, Atria Investments Inc raised its position in shares of Invesco S&P SmallCap Momentum ETF by 8.5% during the 4th quarter. Atria Investments Inc now owns 17,850 shares of the company’s stock valued at $1,180,000 after buying an additional 1,404 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Up 1.2 %

XSMO opened at $59.27 on Tuesday. The stock has a 50-day moving average of $63.06 and a 200 day moving average of $66.62. Invesco S&P SmallCap Momentum ETF has a 12 month low of $53.89 and a 12 month high of $74.38. The firm has a market cap of $1.34 billion, a P/E ratio of 15.65 and a beta of 1.11.

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.