USAdvisors Wealth Management LLC Purchases 50,535 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

USAdvisors Wealth Management LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 253.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 70,486 shares of the company’s stock after acquiring an additional 50,535 shares during the quarter. Invesco S&P SmallCap Momentum ETF comprises 1.5% of USAdvisors Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest holding. USAdvisors Wealth Management LLC owned about 1.00% of Invesco S&P SmallCap Momentum ETF worth $4,659,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Glass Jacobson Investment Advisors llc boosted its position 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 purchasing an additional 230 shares in the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the 3rd quarter worth approximately $114,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at $125,000. Financial Freedom LLC acquired a new position in shares of Invesco S&P SmallCap Momentum ETF during the 4th quarter valued at $129,000. Finally, FMR LLC boosted its stake 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 acquiring an additional 879 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Up 0.3 %

NYSEARCA:XSMO opened at $69.17 on Thursday. Invesco S&P SmallCap Momentum ETF has a 12 month low of $55.05 and a 12 month high of $74.38. The stock has a market capitalization of $485.57 million, a price-to-earnings ratio of 15.91 and a beta of 1.19. The firm has a fifty day simple moving average of $69.02 and a two-hundred day simple moving average of $66.80.

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.