RFG Advisory LLC Makes New $3.67 Million Investment in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

RFG Advisory LLC purchased a new position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 55,449 shares of the company’s stock, valued at approximately $3,670,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Private Advisor Group LLC raised its holdings in shares of Invesco S&P SmallCap Momentum ETF by 13.5% during 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 last quarter. Ausdal Financial Partners Inc. boosted its position in Invesco S&P SmallCap Momentum ETF by 8.7% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 17,730 shares of the company’s stock worth $1,065,000 after acquiring an additional 1,417 shares during the period. Cetera Advisors LLC bought a new position in shares of Invesco S&P SmallCap Momentum ETF in the first quarter worth $405,000. Raymond James & Associates increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 19.6% during the second quarter. Raymond James & Associates now owns 77,338 shares of the company’s stock valued at $4,644,000 after purchasing an additional 12,690 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 17.7% during the second quarter. Commonwealth Equity Services LLC now owns 99,684 shares of the company’s stock valued at $5,986,000 after purchasing an additional 14,997 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Down 0.7 %

XSMO stock opened at $67.44 on Friday. The company has a market capitalization of $473.43 million, a P/E ratio of 15.91 and a beta of 1.19. The company has a 50-day simple moving average of $64.81 and a 200 day simple moving average of $62.14. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $45.10 and a fifty-two week high of $68.41.

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.