Mainstay Capital Management LLC ADV Makes New Investment in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Mainstay Capital Management LLC ADV acquired a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMOFree Report) in the 3rd quarter, Holdings Channel reports. The firm acquired 701,149 shares of the company’s stock, valued at approximately $46,409,000. Invesco S&P SmallCap Momentum ETF accounts for approximately 7.8% of Mainstay Capital Management LLC ADV’s holdings, making the stock its 5th largest holding. Mainstay Capital Management LLC ADV owned 0.10% of Invesco S&P SmallCap Momentum ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the second quarter valued at about $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at approximately $125,000. Ullmann Wealth Partners Group LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF during the 3rd quarter valued at $206,000. Sunpointe LLC purchased a new position in Invesco S&P SmallCap Momentum ETF during the third quarter worth $206,000. Finally, Good Life Advisors LLC acquired a new position in shares of Invesco S&P SmallCap Momentum ETF in the third quarter worth $233,000.

Invesco S&P SmallCap Momentum ETF Trading Up 0.3 %

Shares of XSMO stock opened at $66.06 on Friday. Invesco S&P SmallCap Momentum ETF has a twelve month low of $45.10 and a twelve month high of $68.41. The company has a market capitalization of $463.74 million, a price-to-earnings ratio of 15.91 and a beta of 1.19. The firm has a 50-day moving average price of $65.07 and a 200 day moving average price of $62.31.

Invesco S&P SmallCap Momentum ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding XSMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMOFree Report).

Institutional Ownership by Quarter for Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

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