Stifel Financial Corp Increases Stock Position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Stifel Financial Corp increased its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 21.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 207,692 shares of the company’s stock after buying an additional 36,235 shares during the quarter. Stifel Financial Corp owned about 2.96% of Invesco S&P SmallCap Momentum ETF worth $13,747,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in XSMO. Integrated Wealth Concepts LLC raised its holdings in shares of Invesco S&P SmallCap Momentum ETF by 3.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 12,593 shares of the company’s stock worth $834,000 after purchasing an additional 457 shares during the period. HighTower Advisors LLC raised its holdings in Invesco S&P SmallCap Momentum ETF by 33.9% in the third quarter. HighTower Advisors LLC now owns 6,395 shares of the company’s stock valued at $423,000 after buying an additional 1,618 shares during the period. Arizona PSPRS Trust acquired a new position in Invesco S&P SmallCap Momentum ETF during the third quarter valued at approximately $1,699,000. Benjamin Edwards Inc. acquired a new position in Invesco S&P SmallCap Momentum ETF during the third quarter valued at approximately $776,000. Finally, CreativeOne Wealth LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF during the third quarter worth approximately $565,000.

Invesco S&P SmallCap Momentum ETF Trading Down 0.5 %

Shares of XSMO stock opened at $70.26 on Wednesday. The company has a market cap of $493.23 million, a PE ratio of 15.91 and a beta of 1.19. The company’s fifty day simple moving average is $69.08 and its 200-day simple moving average is $64.96. Invesco S&P SmallCap Momentum ETF has a 52 week low of $52.26 and a 52 week high of $74.38.

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.