Valley National Advisers Inc. Acquires 2,106 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Valley National Advisers Inc. raised its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 109.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,029 shares of the company’s stock after acquiring an additional 2,106 shares during the period. Valley National Advisers Inc. owned approximately 0.06% of Invesco S&P SmallCap Momentum ETF worth $243,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. American Trust lifted its stake in Invesco S&P SmallCap Momentum ETF by 1.5% in the third quarter. American Trust now owns 16,824 shares of the company’s stock worth $816,000 after acquiring an additional 246 shares during the period. Modera Wealth Management LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF in the third quarter worth about $1,753,000. Citigroup Inc. lifted its position in shares of Invesco S&P SmallCap Momentum ETF by 4.3% during the third quarter. Citigroup Inc. now owns 5,385 shares of the company’s stock valued at $261,000 after buying an additional 220 shares during the last quarter. Ausdal Financial Partners Inc. purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF during the fourth quarter valued at about $551,000. Finally, Raymond James & Associates lifted its position in shares of Invesco S&P SmallCap Momentum ETF by 205.2% during the fourth quarter. Raymond James & Associates now owns 57,964 shares of the company’s stock valued at $3,284,000 after buying an additional 38,971 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Up 0.1 %

Shares of Invesco S&P SmallCap Momentum ETF stock traded up $0.08 during midday trading on Wednesday, hitting $60.26. The company had a trading volume of 238,802 shares, compared to its average volume of 126,921. The stock has a market cap of $423.03 million, a price-to-earnings ratio of 15.91 and a beta of 1.19. The company has a fifty day simple moving average of $60.20 and a 200 day simple moving average of $58.29. Invesco S&P SmallCap Momentum ETF has a 12-month low of $45.10 and a 12-month high of $62.31.

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.