Waverly Advisors LLC Grows Position in Invesco S&P SmallCap Momentum ETF $XSMO

Waverly Advisors LLC boosted its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 31.6% during the 2nd quarter, Holdings Channel reports. The fund owned 33,069 shares of the company’s stock after acquiring an additional 7,933 shares during the quarter. Waverly Advisors LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $3,096,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Total Clarity Wealth Management Inc. acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 1st quarter valued at $665,000. HighTower Advisors LLC grew its stake in shares of Invesco S&P SmallCap Momentum ETF by 293.3% during the fourth quarter. HighTower Advisors LLC now owns 223,166 shares of the company’s stock worth $16,070,000 after purchasing an additional 166,427 shares in the last quarter. USAdvisors Wealth Management LLC increased its holdings in Invesco S&P SmallCap Momentum ETF by 7.6% in the fourth quarter. USAdvisors Wealth Management LLC now owns 104,860 shares of the company’s stock valued at $7,551,000 after buying an additional 7,373 shares during the last quarter. LPL Financial LLC increased its holdings in Invesco S&P SmallCap Momentum ETF by 3.2% in the fourth quarter. LPL Financial LLC now owns 2,171,515 shares of the company’s stock valued at $156,371,000 after buying an additional 66,942 shares during the last quarter. Finally, Nvest Financial LLC purchased a new position in Invesco S&P SmallCap Momentum ETF in the first quarter valued at $4,099,000.

Invesco S&P SmallCap Momentum ETF Price Performance

Invesco S&P SmallCap Momentum ETF stock opened at $83.75 on Friday. The stock has a market cap of $2.93 billion, a PE ratio of 19.29 and a beta of 1.08. The stock’s fifty day moving average is $87.08 and its two-hundred day moving average is $84.82. Invesco S&P SmallCap Momentum ETF has a 1-year low of $68.59 and a 1-year high of $93.68.

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.