Valley National Advisers Inc. Has $323,000 Stock Position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Valley National Advisers Inc. increased its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 21.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,886 shares of the company’s stock after buying an additional 857 shares during the period. Valley National Advisers Inc. owned 0.07% of Invesco S&P SmallCap Momentum ETF worth $323,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Accel Wealth Management acquired a new stake in Invesco S&P SmallCap Momentum ETF during the 1st quarter worth approximately $896,000. Marmo Financial Group LLC increased its stake in shares of Invesco S&P SmallCap Momentum ETF by 0.4% during the 1st quarter. Marmo Financial Group LLC now owns 115,077 shares of the company’s stock worth $6,941,000 after purchasing an additional 499 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Invesco S&P SmallCap Momentum ETF by 12.4% during the first quarter. Commonwealth Equity Services LLC now owns 84,687 shares of the company’s stock worth $5,108,000 after purchasing an additional 9,340 shares during the period. Private Advisor Group LLC raised its stake in Invesco S&P SmallCap Momentum ETF by 13.5% in the first quarter. Private Advisor Group LLC now owns 52,780 shares of the company’s stock valued at $3,184,000 after buying an additional 6,282 shares during the period. Finally, Janney Montgomery Scott LLC lifted its position in shares of Invesco S&P SmallCap Momentum ETF by 10.3% in the first quarter. Janney Montgomery Scott LLC now owns 83,067 shares of the company’s stock valued at $5,011,000 after buying an additional 7,774 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Down 0.5 %

XSMO stock opened at $65.71 on Monday. The business’s 50 day simple moving average is $65.17 and its 200 day simple moving average is $62.43. Invesco S&P SmallCap Momentum ETF has a 1-year low of $45.10 and a 1-year high of $68.41. The firm has a market capitalization of $461.28 million, a PE ratio of 15.91 and a beta of 1.19.

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.