Ausdal Financial Partners Inc. Has $1.47 Million Stock Position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Ausdal Financial Partners Inc. increased its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 8.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,158 shares of the company’s stock after buying an additional 1,739 shares during the period. Ausdal Financial Partners Inc. owned 0.32% of Invesco S&P SmallCap Momentum ETF worth $1,465,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Valley National Advisers Inc. grew its stake in Invesco S&P SmallCap Momentum ETF by 3.3% in the fourth 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 during the period. ERn Financial LLC grew 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 purchasing an additional 192 shares during the period. MGB Wealth Management LLC increased its stake 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 valued at $27,000 after purchasing an additional 201 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its holdings in 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 worth $81,000 after buying an additional 230 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 27.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,208 shares of the company’s stock valued at $80,000 after buying an additional 258 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of NYSEARCA XSMO opened at $62.67 on Thursday. 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 $1.42 billion, a P/E ratio of 15.41 and a beta of 1.11. The company has a 50-day moving average price of $66.01 and a 200-day moving average price of $67.15.

Invesco S&P SmallCap Momentum ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.1958 per share. The ex-dividend date is Monday, March 24th.

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.