Invesco S&P SmallCap Momentum ETF $XSMO Position Reduced by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC decreased its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 4.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 442,129 shares of the company’s stock after selling 20,424 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 1.60% of Invesco S&P SmallCap Momentum ETF worth $32,156,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Osaic Holdings Inc. grew its stake in Invesco S&P SmallCap Momentum ETF by 8.4% during the 2nd quarter. Osaic Holdings Inc. now owns 1,750,582 shares of the company’s stock worth $119,082,000 after buying an additional 135,949 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Invesco S&P SmallCap Momentum ETF by 4.1% during the second quarter. Envestnet Asset Management Inc. now owns 1,580,283 shares of the company’s stock worth $107,491,000 after acquiring an additional 62,900 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 8.8% in the 2nd quarter. Cetera Investment Advisers now owns 1,278,102 shares of the company’s stock worth $86,936,000 after acquiring an additional 103,022 shares during the period. Raymond James Financial Inc. lifted its position in Invesco S&P SmallCap Momentum ETF by 154.4% in the 2nd quarter. Raymond James Financial Inc. now owns 1,033,548 shares of the company’s stock valued at $70,302,000 after purchasing an additional 627,318 shares during the last quarter. Finally, Gratus Wealth Advisors LLC boosted its stake in Invesco S&P SmallCap Momentum ETF by 2.0% during the 3rd quarter. Gratus Wealth Advisors LLC now owns 486,777 shares of the company’s stock valued at $35,812,000 after purchasing an additional 9,442 shares during the period.

Invesco S&P SmallCap Momentum ETF Trading Down 0.4%

XSMO opened at $77.05 on Wednesday. Invesco S&P SmallCap Momentum ETF has a twelve month low of $53.89 and a twelve month high of $77.90. The business’s 50 day moving average is $73.56 and its 200-day moving average is $72.18. The stock has a market cap of $2.24 billion, a PE ratio of 19.29 and a beta of 1.07.

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.