JBR Co Financial Management Inc Takes $592,000 Position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

JBR Co Financial Management Inc acquired a new position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 8,940 shares of the company’s stock, valued at approximately $592,000. JBR Co Financial Management Inc owned approximately 0.13% of Invesco S&P SmallCap Momentum ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XSMO. Ashton Thomas Private Wealth LLC purchased a new position in shares of Invesco S&P SmallCap Momentum ETF in the 2nd quarter valued at about $26,000. Inscription Capital LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the first quarter valued at about $208,000. J.W. Cole Advisors Inc. purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the second quarter valued at about $238,000. Valley National Advisers Inc. lifted its stake in Invesco S&P SmallCap Momentum ETF by 109.5% in the 1st quarter. Valley National Advisers Inc. now owns 4,029 shares of the company’s stock valued at $243,000 after buying an additional 2,106 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF during the 3rd quarter valued at $251,000.

Invesco S&P SmallCap Momentum ETF Trading Up 1.8 %

Shares of NYSEARCA XSMO traded up $1.15 during trading on Friday, reaching $66.62. The company had a trading volume of 191,068 shares, compared to its average volume of 260,795. Invesco S&P SmallCap Momentum ETF has a twelve month low of $45.10 and a twelve month high of $68.32. The stock has a 50-day moving average price of $64.17 and a two-hundred day moving average price of $61.89. The stock has a market capitalization of $467.67 million, a PE ratio of 15.91 and a beta of 1.19.

About Invesco S&P SmallCap Momentum ETF

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.