Lowery Thomas LLC Has $1.11 Million Stock Holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Lowery Thomas LLC raised its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 7.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,796 shares of the company’s stock after purchasing an additional 1,099 shares during the quarter. Lowery Thomas LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $1,112,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in XSMO. Ausdal Financial Partners Inc. lifted its stake in Invesco S&P SmallCap Momentum ETF by 8.7% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 17,730 shares of the company’s stock valued at $1,065,000 after purchasing an additional 1,417 shares during the last quarter. Raymond James & Associates lifted its position in shares of Invesco S&P SmallCap Momentum ETF by 19.6% in the second quarter. Raymond James & Associates now owns 77,338 shares of the company’s stock valued at $4,644,000 after buying an additional 12,690 shares during the last quarter. Cetera Advisors LLC bought a new position in shares of Invesco S&P SmallCap Momentum ETF during the 1st quarter worth approximately $405,000. Commonwealth Equity Services LLC increased its holdings in shares of 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 worth $5,986,000 after acquiring an additional 14,997 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in Invesco S&P SmallCap Momentum ETF by 55.3% in the 2nd quarter. Private Advisor Group LLC now owns 81,968 shares of the company’s stock valued at $4,922,000 after acquiring an additional 29,188 shares during the period.

Invesco S&P SmallCap Momentum ETF Price Performance

NYSEARCA:XSMO opened at $70.69 on Tuesday. The company has a market cap of $496.24 million, a P/E ratio of 15.91 and a beta of 1.19. The firm’s fifty day moving average price is $66.81 and its two-hundred day moving average price is $63.73. Invesco S&P SmallCap Momentum ETF has a one year low of $50.20 and a one year high of $73.90.

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.