Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC increased its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 20.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 150,914 shares of the company’s stock after buying an additional 25,587 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $9,977,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Thrivent Financial for Lutherans increased its holdings in Invesco S&P SmallCap Momentum ETF by 586.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 161,556 shares of the company’s stock worth $10,693,000 after buying an additional 138,037 shares during the period. Banco Santander S.A. acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the third quarter worth $1,494,000. Citigroup Inc. raised its holdings in shares of Invesco S&P SmallCap Momentum ETF by 6.0% during the third quarter. Citigroup Inc. now owns 133,077 shares of the company’s stock worth $8,808,000 after purchasing an additional 7,546 shares during the last quarter. Meridian Wealth Management LLC lifted its position in Invesco S&P SmallCap Momentum ETF by 4.9% during the third quarter. Meridian Wealth Management LLC now owns 109,567 shares of the company’s stock valued at $7,252,000 after purchasing an additional 5,107 shares during the period. Finally, Great Valley Advisor Group Inc. purchased a new stake in Invesco S&P SmallCap Momentum ETF in the third quarter valued at $266,000.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA XSMO opened at $62.48 on Thursday. The firm has a market capitalization of $1.41 billion, a P/E ratio of 15.41 and a beta of 1.11. The stock has a 50-day simple moving average of $66.36 and a two-hundred day simple moving average of $67.17. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $55.99 and a fifty-two week high of $74.38.

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.