Cetera Investment Advisers Purchases 103,022 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Cetera Investment Advisers boosted its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 8.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,278,102 shares of the company’s stock after purchasing an additional 103,022 shares during the quarter. Cetera Investment Advisers owned about 5.02% of Invesco S&P SmallCap Momentum ETF worth $86,936,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Gratus Wealth Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the first quarter worth $29,830,000. Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P SmallCap Momentum ETF by 102.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 363,127 shares of the company’s stock worth $22,786,000 after acquiring an additional 183,547 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Invesco S&P SmallCap Momentum ETF by 54.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 462,553 shares of the company’s stock worth $32,092,000 after purchasing an additional 163,428 shares in the last quarter. EPG Wealth Management LLC bought a new stake in Invesco S&P SmallCap Momentum ETF in the 2nd quarter valued at about $5,291,000. Finally, Arkadios Wealth Advisors grew its position in shares of Invesco S&P SmallCap Momentum ETF by 774.8% during the 2nd quarter. Arkadios Wealth Advisors now owns 86,042 shares of the company’s stock worth $5,853,000 after purchasing an additional 76,206 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Up 0.1%

Shares of XSMO opened at $70.93 on Friday. Invesco S&P SmallCap Momentum ETF has a 12 month low of $53.89 and a 12 month high of $74.71. The firm’s 50 day moving average is $72.82 and its 200-day moving average is $69.63. The stock has a market capitalization of $1.98 billion, a PE ratio of 19.29 and a beta of 1.07.

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.