Good Life Advisors LLC Makes New Investment in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Good Life Advisors LLC bought a new position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,514 shares of the company’s stock, valued at approximately $233,000. Good Life Advisors LLC owned approximately 0.05% of Invesco S&P SmallCap Momentum ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Anson Capital Inc. lifted its position in Invesco S&P SmallCap Momentum ETF by 1.5% in the first quarter. Anson Capital Inc. now owns 15,568 shares of the company’s stock valued at $939,000 after purchasing an additional 237 shares during the last quarter. Institute for Wealth Management LLC. lifted its position in Invesco S&P SmallCap Momentum ETF by 1.5% in the second quarter. Institute for Wealth Management LLC. now owns 21,703 shares of the company’s stock valued at $1,303,000 after purchasing an additional 312 shares during the last quarter. Silverlake Wealth Management LLC lifted its position in Invesco S&P SmallCap Momentum ETF by 9.7% in the third quarter. Silverlake Wealth Management LLC now owns 4,389 shares of the company’s stock valued at $291,000 after purchasing an additional 389 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in Invesco S&P SmallCap Momentum ETF in the second quarter valued at approximately $26,000. Finally, ERn Financial LLC lifted its position in Invesco S&P SmallCap Momentum ETF by 4.8% in the second quarter. ERn Financial LLC now owns 10,519 shares of the company’s stock valued at $632,000 after purchasing an additional 477 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

Shares of XSMO stock opened at $67.44 on Monday. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $45.10 and a fifty-two week high of $68.41. The stock has a 50 day moving average price of $64.81 and a two-hundred day moving average price of $62.18. The company has a market capitalization of $473.43 million, a P/E ratio of 15.91 and a beta of 1.19.

Invesco S&P SmallCap Momentum ETF 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.