Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Stock Short Interest Report for September

Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 64,184 shares, a decrease of 54.6% from the September 15th total of 141,310 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 299,192 shares, the short-interest ratio is currently 0.2 days.

Invesco S&P SmallCap Momentum ETF Stock Performance

Shares of Invesco S&P SmallCap Momentum ETF stock traded down $1.64 during trading hours on Wednesday, reaching $79.39. The company’s stock had a trading volume of 184,850 shares, compared to its average volume of 266,265. The company has a market capitalization of $2.79 billion, a P/E ratio of 19.29 and a beta of 1.11. The stock’s fifty day simple moving average is $84.47 and its two-hundred day simple moving average is $85.62. Invesco S&P SmallCap Momentum ETF has a one year low of $68.59 and a one year high of $93.68.

Institutional Trading of Invesco S&P SmallCap Momentum ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in Invesco S&P SmallCap Momentum ETF by 4.0% in 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. Cetera Investment Advisers grew its holdings in Invesco S&P SmallCap Momentum ETF by 7.3% during the first quarter. Cetera Investment Advisers now owns 870,093 shares of the company’s stock valued at $66,144,000 after purchasing an additional 59,526 shares during the period. Gratus Wealth Advisors LLC increased its position in Invesco S&P SmallCap Momentum ETF by 6.0% in the first quarter. Gratus Wealth Advisors LLC now owns 520,253 shares of the company’s stock worth $39,550,000 after buying an additional 29,366 shares during the last quarter. Bank of America Corp DE raised its stake in Invesco S&P SmallCap Momentum ETF by 17.0% in the 1st quarter. Bank of America Corp DE now owns 474,699 shares of the company’s stock valued at $36,087,000 after acquiring an additional 68,961 shares during the period. Finally, Apollon Wealth Management LLC grew its stake in Invesco S&P SmallCap Momentum ETF by 1.1% in the 1st quarter. Apollon Wealth Management LLC now owns 389,278 shares of the company’s stock valued at $29,593,000 after buying an additional 4,347 shares in the last quarter.

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.