Ashton Thomas Private Wealth LLC Purchases New Stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Ashton Thomas Private Wealth LLC acquired a new position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 428 shares of the company’s stock, valued at approximately $26,000.

Other large investors also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. acquired a new position in shares of Invesco S&P SmallCap Momentum ETF during the 4th quarter valued at about $205,000. Inscription Capital LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the 1st quarter worth approximately $208,000. Valley National Advisers Inc. raised its position in shares of Invesco S&P SmallCap Momentum ETF by 109.5% during the 1st quarter. Valley National Advisers Inc. now owns 4,029 shares of the company’s stock valued at $243,000 after buying an additional 2,106 shares during the period. Fifth Third Securities Inc. lifted its holdings in Invesco S&P SmallCap Momentum ETF by 39.9% in the second quarter. Fifth Third Securities Inc. now owns 5,907 shares of the company’s stock valued at $355,000 after acquiring an additional 1,685 shares during the last quarter. Finally, Cetera Advisors LLC purchased a new position in Invesco S&P SmallCap Momentum ETF in the first quarter worth approximately $405,000.

Invesco S&P SmallCap Momentum ETF Stock Up 0.7 %

NYSEARCA:XSMO opened at $64.92 on Wednesday. Invesco S&P SmallCap Momentum ETF has a 52 week low of $45.10 and a 52 week high of $68.32. The stock’s fifty day moving average is $63.75 and its two-hundred day moving average is $60.96. The company has a market capitalization of $455.74 million, a P/E 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.