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XSMO and XSVM hit new highs due to rising institutional interest and strong fundamentals.
Invesco S&P SmallCap Momentum ETF (XSMO) hit a 52-week high of $78.58, closing at $78.14, while Invesco S&P SmallCap Value with Momentum ETF (XSVM) reached a new high of $61.25, closing at $61.11.
Both funds saw increased institutional interest, with XSMO's holdings rising in Q3 and XSVM's stake growing by 13.3% in Q2.
XSMO tracks small-cap momentum stocks with a $2.27 billion market cap and P/E of 19.29, while XSVM focuses on fundamentally strong, undervalued small-cap U.S. stocks, including REITs, with a $592.3 million market cap and P/E of 9.55.
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XSMO y XSVM alcanzaron nuevos máximos debido al aumento del interés institucional y los fuertes fundamentos.