Truist Financial Corp Buys 9,902 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Truist Financial Corp boosted its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 10.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,977 shares of the company’s stock after acquiring an additional 9,902 shares during the quarter. Truist Financial Corp owned 1.54% of Invesco S&P SmallCap Momentum ETF worth $7,138,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Stephens Inc. AR lifted its position in Invesco S&P SmallCap Momentum ETF by 2.2% in the 3rd quarter. Stephens Inc. AR now owns 7,174 shares of the company’s stock valued at $475,000 after acquiring an additional 155 shares in the last quarter. Valley National Advisers Inc. lifted its position in Invesco S&P SmallCap Momentum ETF by 3.3% in the 4th quarter. Valley National Advisers Inc. now owns 5,048 shares of the company’s stock valued at $333,000 after acquiring an additional 162 shares in the last quarter. ERn Financial LLC lifted its position in Invesco S&P SmallCap Momentum ETF by 1.7% in the 4th quarter. ERn Financial LLC now owns 11,226 shares of the company’s stock valued at $742,000 after acquiring an additional 192 shares in the last quarter. MGB Wealth Management LLC lifted its position in Invesco S&P SmallCap Momentum ETF by 100.5% during the 4th quarter. MGB Wealth Management LLC now owns 401 shares of the company’s stock worth $27,000 after buying an additional 201 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc lifted its position in Invesco S&P SmallCap Momentum ETF by 23.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,219 shares of the company’s stock worth $81,000 after buying an additional 230 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of NYSEARCA:XSMO opened at $65.20 on Friday. The company’s 50-day moving average price is $67.82 and its two-hundred day moving average price is $67.28. Invesco S&P SmallCap Momentum ETF has a one year low of $55.99 and a one year high of $74.38. The stock has a market capitalization of $457.70 million, a PE ratio of 15.91 and a beta of 1.19.

Invesco S&P SmallCap Momentum ETF 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.