Private Advisor Group LLC Sells 18,349 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Private Advisor Group LLC trimmed its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 18.9% in the third quarter, HoldingsChannel reports. The firm owned 78,807 shares of the company’s stock after selling 18,349 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $5,798,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of XSMO. Beacon Capital Management Inc. acquired a new position in shares of Invesco S&P SmallCap Momentum ETF in the second quarter valued at $27,000. Hazlett Burt & Watson Inc. boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 234.4% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 535 shares of the company’s stock worth $40,000 after buying an additional 375 shares during the period. Parkside Financial Bank & Trust bought a new stake in shares of Invesco S&P SmallCap Momentum ETF during the 2nd quarter worth about $41,000. Comprehensive Financial Planning Inc. PA acquired a new position in Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at about $49,000. Finally, Godsey & Gibb Inc. acquired a new position in Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at about $57,000.

Invesco S&P SmallCap Momentum ETF Stock Down 2.0%

Invesco S&P SmallCap Momentum ETF stock opened at $75.14 on Friday. The company’s 50-day moving average price is $77.65 and its two-hundred day moving average price is $74.54. The stock has a market cap of $2.19 billion, a P/E ratio of 19.29 and a beta of 1.07. Invesco S&P SmallCap Momentum ETF has a twelve month low of $53.89 and a twelve month high of $81.36.

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.