Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) is Marmo Financial Group LLC’s 5th Largest Position

Marmo Financial Group LLC trimmed its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 262,311 shares of the company’s stock after selling 6,302 shares during the quarter. Invesco S&P SmallCap Momentum ETF makes up 9.4% of Marmo Financial Group LLC’s portfolio, making the stock its 5th biggest holding. Marmo Financial Group LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $17,338,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Glass Jacobson Investment Advisors llc raised its holdings in Invesco S&P SmallCap Momentum ETF by 23.3% in 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 acquired a new position in Invesco S&P SmallCap Momentum ETF in the third quarter valued at $114,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Invesco S&P SmallCap Momentum ETF during the third quarter worth about $125,000. Financial Freedom LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF in the 4th quarter worth about $129,000. Finally, FMR LLC grew its holdings in Invesco S&P SmallCap Momentum ETF by 68.0% in the 3rd quarter. FMR LLC now owns 2,172 shares of the company’s stock valued at $144,000 after buying an additional 879 shares during the period.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of XSMO stock opened at $69.39 on Friday. The firm’s 50-day simple moving average is $68.94 and its 200-day simple moving average is $66.84. Invesco S&P SmallCap Momentum ETF has a 1-year low of $55.05 and a 1-year high of $74.38. The firm has a market cap of $487.12 million, a P/E ratio of 15.91 and a beta of 1.19.

Invesco S&P SmallCap Momentum ETF 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.