Stifel Financial Corp Acquires 36,235 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Stifel Financial Corp boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 21.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 207,692 shares of the company’s stock after purchasing an additional 36,235 shares during the quarter. Stifel Financial Corp’s holdings in Invesco S&P SmallCap Momentum ETF were worth $13,747,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Stephens Inc. AR lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 2.2% during the third quarter. Stephens Inc. AR now owns 7,174 shares of the company’s stock worth $475,000 after buying an additional 155 shares during the last quarter. Comprehensive Wealth Management LLC raised its stake in Invesco S&P SmallCap Momentum ETF by 2.3% during the 3rd quarter. Comprehensive Wealth Management LLC now owns 10,455 shares of the company’s stock valued at $692,000 after purchasing an additional 240 shares during the last quarter. Institute for Wealth Management LLC. boosted its holdings in Invesco S&P SmallCap Momentum ETF by 1.5% in the 2nd quarter. Institute for Wealth Management LLC. now owns 21,703 shares of the company’s stock valued at $1,303,000 after purchasing an additional 312 shares during the period. Silverlake Wealth Management LLC grew its position in Invesco S&P SmallCap Momentum ETF by 9.7% in the 3rd quarter. Silverlake Wealth Management LLC now owns 4,389 shares of the company’s stock worth $291,000 after purchasing an additional 389 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of Invesco S&P SmallCap Momentum ETF during the 2nd quarter worth about $26,000.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA XSMO opened at $70.26 on Wednesday. Invesco S&P SmallCap Momentum ETF has a twelve month low of $52.26 and a twelve month high of $74.38. The stock has a market cap of $493.23 million, a PE ratio of 15.91 and a beta of 1.19. The firm has a 50-day simple moving average of $69.08 and a 200 day simple moving average of $64.96.

Invesco S&P SmallCap Momentum ETF 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.