Uniting Wealth Partners LLC Takes Position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Uniting Wealth Partners LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 91,382 shares of the company’s stock, valued at approximately $6,041,000. Invesco S&P SmallCap Momentum ETF accounts for about 2.9% of Uniting Wealth Partners LLC’s holdings, making the stock its 6th biggest holding.

A number of other large investors have also added to or reduced their stakes in XSMO. HighTower Advisors LLC lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 33.9% in the third quarter. HighTower Advisors LLC now owns 6,395 shares of the company’s stock worth $423,000 after acquiring an additional 1,618 shares during the period. FMR LLC increased its holdings in Invesco S&P SmallCap Momentum ETF by 68.0% in the third quarter. FMR LLC now owns 2,172 shares of the company’s stock worth $144,000 after purchasing an additional 879 shares in the last quarter. Jane Street Group LLC acquired a new position in Invesco S&P SmallCap Momentum ETF in the third quarter valued at approximately $292,000. Janney Montgomery Scott LLC boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 8.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 118,081 shares of the company’s stock worth $7,806,000 after buying an additional 8,906 shares in the last quarter. Finally, Atria Investments Inc grew its position in shares of Invesco S&P SmallCap Momentum ETF by 8.5% during the 4th quarter. Atria Investments Inc now owns 17,850 shares of the company’s stock worth $1,180,000 after buying an additional 1,404 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Up 1.6 %

Shares of NYSEARCA XSMO opened at $63.70 on Thursday. Invesco S&P SmallCap Momentum ETF has a 12-month low of $55.99 and a 12-month high of $74.38. The firm has a market cap of $1.44 billion, a PE ratio of 15.65 and a beta of 1.11. The company’s fifty day simple moving average is $65.35 and its 200 day simple moving average is $67.16.

Invesco S&P SmallCap Momentum ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.1958 dividend. The ex-dividend date was Monday, March 24th.

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.