Janney Montgomery Scott LLC Buys 23,084 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Janney Montgomery Scott LLC boosted its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 11.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 219,456 shares of the company’s stock after acquiring an additional 23,084 shares during the period. Janney Montgomery Scott LLC owned 0.88% of Invesco S&P SmallCap Momentum ETF worth $14,927,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XSMO. Edmond DE Rothschild Holding S.A. bought a new position in shares of Invesco S&P SmallCap Momentum ETF in the first quarter worth $47,000. Cape Investment Advisory Inc. increased its holdings in Invesco S&P SmallCap Momentum ETF by 48.8% in the 1st quarter. Cape Investment Advisory Inc. now owns 896 shares of the company’s stock valued at $56,000 after buying an additional 294 shares during the period. Hoey Investments Inc. acquired a new position in shares of Invesco S&P SmallCap Momentum ETF in the 1st quarter valued at approximately $68,000. US Bancorp DE bought a new stake in shares of Invesco S&P SmallCap Momentum ETF during the 1st quarter worth approximately $115,000. Finally, Private Trust Co. NA boosted its position in shares of Invesco S&P SmallCap Momentum ETF by 152.8% during the 1st quarter. Private Trust Co. NA now owns 2,404 shares of the company’s stock worth $151,000 after acquiring an additional 1,453 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of XSMO opened at $73.64 on Friday. The firm has a 50 day simple moving average of $71.51 and a two-hundred day simple moving average of $66.87. Invesco S&P SmallCap Momentum ETF has a one year low of $53.89 and a one year high of $74.51. The company has a market cap of $1.87 billion, a P/E ratio of 19.29 and a beta of 1.08.

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.