Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Reaches New 52-Week High – Should You Buy?

Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMOGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $93.68 and last traded at $93.63, with a volume of 204837 shares. The stock had previously closed at $92.01.

Invesco S&P SmallCap Momentum ETF Price Performance

The company has a 50-day moving average of $87.45 and a two-hundred day moving average of $80.78. The company has a market capitalization of $2.93 billion, a PE ratio of 19.29 and a beta of 1.09.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in XSMO. GHP Investment Advisors Inc. purchased a new stake in Invesco S&P SmallCap Momentum ETF in the 1st quarter worth approximately $29,000. Your Advocates Ltd. LLP bought a new position in shares of Invesco S&P SmallCap Momentum ETF in the first quarter worth approximately $32,000. High Note Wealth LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the fourth quarter worth $33,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the third quarter worth $49,000. Finally, Allworth Financial LP raised its position in shares of Invesco S&P SmallCap Momentum ETF by 350.3% during the 4th quarter. Allworth Financial LP now owns 680 shares of the company’s stock valued at $49,000 after purchasing an additional 529 shares during the period.

About Invesco S&P SmallCap Momentum ETF

(Get Free Report)

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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