Harbour Investments Inc. Buys 14,839 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Harbour Investments Inc. raised its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 247,316.7% during the 3rd quarter, Holdings Channel reports. The fund owned 14,845 shares of the company’s stock after purchasing an additional 14,839 shares during the period. Harbour Investments Inc.’s holdings in Invesco S&P SmallCap Momentum ETF were worth $983,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of XSMO. Avantax Advisory Services Inc. boosted its position in Invesco S&P SmallCap Momentum ETF by 135.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 8,513 shares of the company’s stock valued at $514,000 after acquiring an additional 4,898 shares in the last quarter. Cetera Advisors LLC bought a new stake in Invesco S&P SmallCap Momentum ETF during the 1st quarter valued at $405,000. CWM LLC boosted its position in Invesco S&P SmallCap Momentum ETF by 75.1% during the 2nd quarter. CWM LLC now owns 38,294 shares of the company’s stock valued at $2,300,000 after acquiring an additional 16,428 shares in the last quarter. Accel Wealth Management boosted its position in Invesco S&P SmallCap Momentum ETF by 4.6% during the 2nd quarter. Accel Wealth Management now owns 15,536 shares of the company’s stock valued at $933,000 after acquiring an additional 681 shares in the last quarter. Finally, Fifth Third Securities Inc. boosted its position in Invesco S&P SmallCap Momentum ETF by 39.9% during the 2nd quarter. Fifth Third Securities Inc. now owns 5,907 shares of the company’s stock valued at $355,000 after acquiring an additional 1,685 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Down 1.3 %

Shares of NYSEARCA XSMO opened at $70.70 on Friday. The stock has a market capitalization of $496.31 million, a PE ratio of 15.91 and a beta of 1.19. Invesco S&P SmallCap Momentum ETF has a 12-month low of $49.93 and a 12-month high of $73.90. The stock’s fifty day simple moving average is $66.29 and its two-hundred day simple moving average is $63.44.

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.