Seros Financial LLC Purchases 14,112 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Seros Financial LLC increased its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 8.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 188,783 shares of the company’s stock after purchasing an additional 14,112 shares during the period. Invesco S&P SmallCap Momentum ETF makes up approximately 7.8% of Seros Financial LLC’s portfolio, making the stock its 4th largest position. Seros Financial LLC owned about 0.54% of Invesco S&P SmallCap Momentum ETF worth $15,401,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in XSMO. Envestnet Asset Management Inc. raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 4.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,785,627 shares of the company’s stock worth $167,188,000 after buying an additional 69,188 shares in the last quarter. Nvest Financial LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 1st quarter valued at approximately $4,099,000. Cetera Investment Advisers lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 7.3% in the 1st quarter. Cetera Investment Advisers now owns 870,093 shares of the company’s stock valued at $66,144,000 after buying an additional 59,526 shares during the period. Markowski Investments purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the second quarter valued at approximately $18,314,000. Finally, Concorde Asset Management LLC boosted its stake in shares of Invesco S&P SmallCap Momentum ETF by 41.3% in the second quarter. Concorde Asset Management LLC now owns 27,167 shares of the company’s stock valued at $2,544,000 after buying an additional 7,941 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of XSMO stock opened at $78.65 on Friday. The business’s fifty day moving average price is $83.17 and its 200 day moving average price is $85.79. Invesco S&P SmallCap Momentum ETF has a 1-year low of $68.59 and a 1-year high of $93.68. The firm has a market capitalization of $2.76 billion, a PE ratio of 19.29 and a beta of 1.11.

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.