MGB Wealth Management LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) by 100.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 401 shares of the company’s stock after purchasing an additional 201 shares during the quarter. MGB Wealth Management LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $27,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Mainstay Capital Management LLC ADV acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the third quarter worth about $46,409,000. Apollon Wealth Management LLC purchased a new position in Invesco S&P SmallCap Momentum ETF during the 3rd quarter worth approximately $16,982,000. Marmo Financial Group LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 139.4% during the 3rd quarter. Marmo Financial Group LLC now owns 268,613 shares of the company’s stock valued at $17,779,000 after acquiring an additional 156,422 shares during the period. Thrivent Financial for Lutherans lifted its stake in Invesco S&P SmallCap Momentum ETF by 586.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 161,556 shares of the company’s stock valued at $10,693,000 after acquiring an additional 138,037 shares during the period. Finally, Fischer Investment Strategies LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at $4,462,000.
Invesco S&P SmallCap Momentum ETF Price Performance
NYSEARCA:XSMO opened at $68.49 on Friday. The firm has a market capitalization of $480.80 million, a P/E ratio of 15.91 and a beta of 1.19. The company’s fifty day moving average price is $68.23 and its 200-day moving average price is $67.10. Invesco S&P SmallCap Momentum ETF has a 1-year low of $55.99 and a 1-year high of $74.38.
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.
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