Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Get Free Report) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 50,285 shares, a decline of 57.4% from the April 15th total of 117,921 shares. Based on an average daily volume of 261,529 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are short sold.
Institutional Investors Weigh In On Invesco S&P SmallCap Momentum ETF
Several large investors have recently bought and sold shares of XSMO. Capstone Wealth Management Group LLC increased its position in Invesco S&P SmallCap Momentum ETF by 138.0% in the first quarter. Capstone Wealth Management Group LLC now owns 46,666 shares of the company’s stock worth $2,928,000 after purchasing an additional 27,061 shares during the last quarter. Focus Partners Wealth bought a new stake in Invesco S&P SmallCap Momentum ETF in the first quarter worth $539,000. Cerity Partners LLC bought a new stake in Invesco S&P SmallCap Momentum ETF in the second quarter worth $818,000. Raymond James Financial Inc. increased its position in Invesco S&P SmallCap Momentum ETF by 154.4% in the second quarter. Raymond James Financial Inc. now owns 1,033,548 shares of the company’s stock worth $70,302,000 after purchasing an additional 627,318 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in Invesco S&P SmallCap Momentum ETF by 7.6% in the second quarter. Ameriprise Financial Inc. now owns 9,414 shares of the company’s stock worth $640,000 after purchasing an additional 665 shares during the last quarter.
Invesco S&P SmallCap Momentum ETF Trading Down 2.2%
XSMO traded down $1.94 during trading hours on Friday, hitting $84.76. The company’s stock had a trading volume of 251,336 shares, compared to its average volume of 271,668. The business’s 50-day moving average price is $80.79 and its 200-day moving average price is $77.12. Invesco S&P SmallCap Momentum ETF has a 12 month low of $64.02 and a 12 month high of $88.57. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of 19.29 and a beta of 1.11.
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.
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