Raymond James & Associates Purchases 48,386 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Raymond James & Associates boosted its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 62.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 125,724 shares of the company’s stock after acquiring an additional 48,386 shares during the quarter. Raymond James & Associates owned 1.79% of Invesco S&P SmallCap Momentum ETF worth $8,322,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in XSMO. Private Advisor Group LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 13.5% in the 1st quarter. Private Advisor Group LLC now owns 52,780 shares of the company’s stock valued at $3,184,000 after purchasing an additional 6,282 shares during the last quarter. Ausdal Financial Partners Inc. boosted its stake in shares of 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 stake in Invesco S&P SmallCap Momentum ETF in the 1st quarter valued at $405,000. Commonwealth Equity Services LLC lifted its holdings in Invesco S&P SmallCap Momentum ETF by 17.7% during the 2nd 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 during the last quarter. Finally, CoreCap Advisors LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF during the 2nd quarter valued at $320,000.

Invesco S&P SmallCap Momentum ETF Price Performance

NYSEARCA:XSMO opened at $66.54 on Wednesday. The company has a market cap of $467.11 million, a P/E ratio of 15.91 and a beta of 1.19. The firm’s fifty day moving average price is $65.29 and its two-hundred day moving average price is $62.55. Invesco S&P SmallCap Momentum ETF has a one year low of $45.10 and a one year high of $68.41.

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.