Gratus Wealth Advisors LLC Purchases 29,366 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Gratus Wealth Advisors LLC lifted its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 6.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 520,253 shares of the company’s stock after purchasing an additional 29,366 shares during the quarter. Invesco S&P SmallCap Momentum ETF comprises about 5.7% of Gratus Wealth Advisors LLC’s holdings, making the stock its 3rd biggest holding. Gratus Wealth Advisors LLC owned approximately 1.66% of Invesco S&P SmallCap Momentum ETF worth $39,550,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. raised its stake in Invesco S&P SmallCap Momentum ETF by 154.4% during 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 period. Thrivent Financial for Lutherans acquired a new position in Invesco S&P SmallCap Momentum ETF in the 4th quarter valued at about $17,019,000. Cetera Investment Advisers grew its stake in shares of Invesco S&P SmallCap Momentum ETF by 37.6% in the 4th quarter. Cetera Investment Advisers now owns 810,567 shares of the company’s stock valued at $58,369,000 after buying an additional 221,567 shares during the period. Core Wealth Advisors LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 4th quarter valued at approximately $15,901,000. Finally, Orion Porfolio Solutions LLC increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 1,298.5% during the 4th quarter. Orion Porfolio Solutions LLC now owns 234,273 shares of the company’s stock worth $16,870,000 after buying an additional 217,521 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of NYSEARCA XSMO opened at $89.12 on Monday. The company has a market capitalization of $3.05 billion, a P/E ratio of 19.29 and a beta of 1.08. The company has a 50 day simple moving average of $88.25 and a 200-day simple moving average of $81.67. Invesco S&P SmallCap Momentum ETF has a 1 year low of $66.16 and a 1 year high of $93.68.

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.