PFG Advisors Increases Stock Position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

PFG Advisors boosted its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMOFree Report) by 8.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,949 shares of the company’s stock after acquiring an additional 2,035 shares during the period. PFG Advisors owned about 0.38% of Invesco S&P SmallCap Momentum ETF worth $1,782,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XSMO. Raymond James Financial Inc. purchased a new stake in Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at $30,658,000. Thrivent Financial for Lutherans increased its stake in Invesco S&P SmallCap Momentum ETF by 586.9% in the third quarter. Thrivent Financial for Lutherans now owns 161,556 shares of the company’s stock valued at $10,693,000 after purchasing an additional 138,037 shares during the period. Smart Money Group LLC acquired a new position in Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at $4,101,000. Kingsview Wealth Management LLC acquired a new position in Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at $3,870,000. Finally, USAdvisors Wealth Management LLC increased its stake in Invesco S&P SmallCap Momentum ETF by 253.3% in the fourth quarter. USAdvisors Wealth Management LLC now owns 70,486 shares of the company’s stock valued at $4,659,000 after purchasing an additional 50,535 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA XSMO opened at $61.01 on Thursday. The firm has a market cap of $1.36 billion, a PE ratio of 17.33 and a beta of 1.10. Invesco S&P SmallCap Momentum ETF has a one year low of $55.99 and a one year high of $74.38. The firm’s fifty day moving average is $66.86 and its two-hundred day moving average is $67.31.

Invesco S&P SmallCap Momentum ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

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