Lowery Thomas LLC Lowers Stock Position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Lowery Thomas LLC trimmed its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 3.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,249 shares of the company’s stock after selling 547 shares during the period. Invesco S&P SmallCap Momentum ETF accounts for 0.7% of Lowery Thomas LLC’s portfolio, making the stock its 29th largest position. Lowery Thomas LLC owned 0.23% of Invesco S&P SmallCap Momentum ETF worth $1,074,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Valley National Advisers Inc. increased its position in Invesco S&P SmallCap Momentum ETF by 3.3% during the 4th quarter. Valley National Advisers Inc. now owns 5,048 shares of the company’s stock valued at $333,000 after buying an additional 162 shares in the last quarter. ERn Financial LLC increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 1.7% during the fourth quarter. ERn Financial LLC now owns 11,226 shares of the company’s stock valued at $742,000 after acquiring an additional 192 shares in the last quarter. MGB Wealth Management LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF by 100.5% in the 4th quarter. MGB Wealth Management LLC now owns 401 shares of the company’s stock valued at $27,000 after purchasing an additional 201 shares during the last quarter. Glass Jacobson Investment Advisors llc grew its position in Invesco S&P SmallCap Momentum ETF by 23.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,219 shares of the company’s stock worth $81,000 after purchasing an additional 230 shares during the last quarter. Finally, Comprehensive Wealth Management LLC grew its position in Invesco S&P SmallCap Momentum ETF by 2.3% during the 3rd quarter. Comprehensive Wealth Management LLC now owns 10,455 shares of the company’s stock worth $692,000 after purchasing an additional 240 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Up 0.0 %

NYSEARCA XSMO opened at $62.11 on Monday. Invesco S&P SmallCap Momentum ETF has a 12-month low of $55.99 and a 12-month high of $74.38. The company has a fifty day simple moving average of $67.17 and a two-hundred day simple moving average of $67.41. The stock has a market cap of $1.38 billion, a P/E ratio of 17.33 and a beta of 1.10.

Invesco S&P SmallCap Momentum ETF 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.