Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Get Free Report) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 96,398 shares, a growth of 65.7% from the June 30th total of 58,166 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 253,645 shares, the short-interest ratio is presently 0.4 days.
Invesco S&P SmallCap Momentum ETF Stock Performance
Shares of Invesco S&P SmallCap Momentum ETF stock traded up $0.09 during trading hours on Friday, reaching $87.05. The company’s stock had a trading volume of 147,651 shares, compared to its average volume of 260,613. The stock has a market cap of $3.03 billion, a P/E ratio of 19.29 and a beta of 1.08. Invesco S&P SmallCap Momentum ETF has a one year low of $66.16 and a one year high of $93.68. The company’s 50 day simple moving average is $88.66 and its 200 day simple moving average is $83.02.
Institutional Trading of Invesco S&P SmallCap Momentum ETF
Institutional investors and hedge funds have recently made changes to their positions in the stock. GHP Investment Advisors Inc. acquired a new position in Invesco S&P SmallCap Momentum ETF during the 1st quarter valued at approximately $29,000. Your Advocates Ltd. LLP acquired a new stake in Invesco S&P SmallCap Momentum ETF in the first quarter worth $32,000. High Note Wealth LLC bought a new stake in Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at $33,000. Allworth Financial LP boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 350.3% during the fourth quarter. Allworth Financial LP now owns 680 shares of the company’s stock valued at $49,000 after acquiring an additional 529 shares during the period. Finally, Blair William & Co. IL grew its position in shares of Invesco S&P SmallCap Momentum ETF by 10,957.1% during the third quarter. Blair William & Co. IL now owns 774 shares of the company’s stock worth $57,000 after acquiring an additional 767 shares during the last quarter.
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.
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