Avantax Advisory Services Inc. Has $2.67 Million Stock Holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Avantax Advisory Services Inc. increased its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 230.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 40,426 shares of the company’s stock after purchasing an additional 28,196 shares during the period. Avantax Advisory Services Inc.’s holdings in Invesco S&P SmallCap Momentum ETF were worth $2,673,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. HighTower Advisors LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 33.9% in the 3rd quarter. HighTower Advisors LLC now owns 6,395 shares of the company’s stock valued at $423,000 after purchasing an additional 1,618 shares during the last quarter. FMR LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 68.0% in the 3rd quarter. FMR LLC now owns 2,172 shares of the company’s stock valued at $144,000 after purchasing an additional 879 shares during the last quarter. Jane Street Group LLC bought a new position in Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at approximately $292,000. Janney Montgomery Scott LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 8.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 118,081 shares of the company’s stock valued at $7,806,000 after purchasing an additional 8,906 shares during the last quarter. Finally, Atria Investments Inc lifted its stake in Invesco S&P SmallCap Momentum ETF by 8.5% in the 4th quarter. Atria Investments Inc now owns 17,850 shares of the company’s stock valued at $1,180,000 after purchasing an additional 1,404 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of NYSEARCA:XSMO opened at $61.52 on Monday. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 15.41 and a beta of 1.11. The firm has a 50 day simple moving average of $66.62 and a 200 day simple moving average of $67.26. Invesco S&P SmallCap Momentum ETF has a one year low of $55.99 and a one year high of $74.38.

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.