Valley National Advisers Inc. Boosts Stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Valley National Advisers Inc. grew its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,048 shares of the company’s stock after buying an additional 162 shares during the period. Valley National Advisers Inc.’s holdings in Invesco S&P SmallCap Momentum ETF were worth $333,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in XSMO. Fifth Third Securities Inc. raised its position in shares of Invesco S&P SmallCap Momentum ETF by 226.5% in the fourth quarter. Fifth Third Securities Inc. now owns 15,615 shares of the company’s stock valued at $1,032,000 after buying an additional 10,833 shares during the last quarter. Synergy Asset Management LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF in the 4th quarter worth approximately $158,000. USAdvisors Wealth Management LLC raised its holdings in Invesco S&P SmallCap Momentum ETF by 253.3% in the 4th quarter. USAdvisors Wealth Management LLC now owns 70,486 shares of the company’s stock valued at $4,659,000 after acquiring an additional 50,535 shares during the last quarter. Cobblestone Asset Management LLC purchased a new position in shares of Invesco S&P SmallCap Momentum ETF during the 4th quarter worth $2,355,000. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the fourth quarter worth $1,159,000.

Invesco S&P SmallCap Momentum ETF Trading Down 0.8 %

Invesco S&P SmallCap Momentum ETF stock opened at $69.39 on Monday. The stock has a fifty day moving average price of $68.88 and a 200 day moving average price of $66.88. Invesco S&P SmallCap Momentum ETF has a 52 week low of $55.05 and a 52 week high of $74.38. The firm has a market capitalization of $487.12 million, a P/E ratio of 15.91 and a beta of 1.19.

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.