One Capital Management LLC Has $2.60 Million Holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

One Capital Management LLC lifted its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 20.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 39,323 shares of the company’s stock after purchasing an additional 6,711 shares during the period. One Capital Management LLC owned approximately 0.56% of Invesco S&P SmallCap Momentum ETF worth $2,600,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of XSMO. MGB Wealth Management LLC raised its position in Invesco S&P SmallCap Momentum ETF by 100.5% in the 4th quarter. MGB Wealth Management LLC now owns 401 shares of the company’s stock worth $27,000 after purchasing an additional 201 shares during the last quarter. Global Retirement Partners LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF by 440.2% during the fourth quarter. Global Retirement Partners LLC now owns 443 shares of the company’s stock worth $29,000 after acquiring an additional 361 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 23.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,219 shares of the company’s stock valued at $81,000 after acquiring an additional 230 shares during the period. Cullen Frost Bankers Inc. bought a new position in Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at about $111,000. Finally, Legacy Investment Solutions LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF in the third quarter worth about $114,000.

Invesco S&P SmallCap Momentum ETF Trading Down 1.7 %

Shares of NYSEARCA:XSMO opened at $62.10 on Friday. Invesco S&P SmallCap Momentum ETF has a 1-year low of $55.99 and a 1-year high of $74.38. The stock has a market capitalization of $1.38 billion, a P/E ratio of 17.33 and a beta of 1.10. The business has a 50-day moving average price of $67.26 and a two-hundred day moving average price of $67.37.

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.