HighTower Advisors LLC Acquires 926 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

HighTower Advisors LLC grew its holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 14.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,321 shares of the company’s stock after purchasing an additional 926 shares during the quarter. HighTower Advisors LLC owned approximately 0.10% of Invesco S&P SmallCap Momentum ETF worth $484,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of XSMO. MGB Wealth Management LLC increased its holdings in Invesco S&P SmallCap Momentum ETF by 100.5% during the fourth quarter. MGB Wealth Management LLC now owns 401 shares of the company’s stock valued at $27,000 after buying an additional 201 shares during the period. Global Retirement Partners LLC boosted its position in Invesco S&P SmallCap Momentum ETF by 440.2% during the 4th quarter. Global Retirement Partners LLC now owns 443 shares of the company’s stock valued at $29,000 after acquiring an additional 361 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 27.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,208 shares of the company’s stock valued at $80,000 after acquiring an additional 258 shares during the period. Glass Jacobson Investment Advisors llc raised its position in shares of Invesco S&P SmallCap Momentum ETF by 23.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,219 shares of the company’s stock worth $81,000 after acquiring an additional 230 shares in the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF during the 4th quarter worth $111,000.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of XSMO stock opened at $60.87 on Monday. The stock’s 50-day moving average is $65.73 and its 200 day moving average is $67.19. Invesco S&P SmallCap Momentum ETF has a 1-year low of $55.99 and a 1-year high of $74.38. The company has a market cap of $1.38 billion, a P/E ratio of 15.65 and a beta of 1.11.

Invesco S&P SmallCap Momentum ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.1958 dividend. The ex-dividend date was Monday, March 24th.

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.