Armbruster Capital Management Inc. lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) by 3.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 190,028 shares of the company’s stock after purchasing an additional 6,627 shares during the quarter. Invesco S&P SmallCap Momentum ETF accounts for approximately 2.3% of Armbruster Capital Management Inc.’s portfolio, making the stock its 13th largest position. Armbruster Capital Management Inc. owned about 0.76% of Invesco S&P SmallCap Momentum ETF worth $12,926,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Edmond DE Rothschild Holding S.A. purchased a new position in shares of Invesco S&P SmallCap Momentum ETF during the first quarter worth about $47,000. Cape Investment Advisory Inc. lifted its position in Invesco S&P SmallCap Momentum ETF by 48.8% in the 1st quarter. Cape Investment Advisory Inc. now owns 896 shares of the company’s stock worth $56,000 after buying an additional 294 shares during the last quarter. Hoey Investments Inc. bought a new stake in Invesco S&P SmallCap Momentum ETF in the 1st quarter worth approximately $68,000. US Bancorp DE bought a new stake in Invesco S&P SmallCap Momentum ETF in the 1st quarter worth approximately $115,000. Finally, Private Trust Co. NA lifted its position in Invesco S&P SmallCap Momentum ETF by 152.8% in the 1st quarter. Private Trust Co. NA now owns 2,404 shares of the company’s stock worth $151,000 after buying an additional 1,453 shares during the last quarter.
Invesco S&P SmallCap Momentum ETF Price Performance
NYSEARCA:XSMO opened at $72.73 on Wednesday. The business has a 50 day moving average of $71.80 and a 200 day moving average of $67.14. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of 19.29 and a beta of 1.08. Invesco S&P SmallCap Momentum ETF has a 1-year low of $53.89 and a 1-year high of $74.51.
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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