Aldebaran Financial Inc. bought a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) during the third quarter, Holdings Channel reports. The institutional investor bought 7,811 shares of the company’s stock, valued at approximately $517,000.
Several other hedge funds also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new stake in Invesco S&P SmallCap Momentum ETF in the second quarter worth $26,000. Glass Jacobson Investment Advisors llc increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 23.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,219 shares of the company’s stock valued at $81,000 after acquiring an additional 230 shares during the last quarter. Legacy Investment Solutions LLC bought a new position in shares of Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at approximately $114,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Invesco S&P SmallCap Momentum ETF in the 3rd quarter worth approximately $125,000. Finally, FMR LLC boosted its position in Invesco S&P SmallCap Momentum ETF by 68.0% during the third quarter. FMR LLC now owns 2,172 shares of the company’s stock worth $144,000 after purchasing an additional 879 shares during the period.
Invesco S&P SmallCap Momentum ETF Stock Up 0.8 %
NYSEARCA:XSMO opened at $70.81 on Thursday. The company’s 50 day moving average is $69.28 and its 200-day moving average is $65.07. Invesco S&P SmallCap Momentum ETF has a 12 month low of $52.34 and a 12 month high of $74.38. The firm has a market cap of $497.09 million, a price-to-earnings ratio of 15.91 and a beta of 1.19.
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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Want to see what other hedge funds are holding XSMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report).
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