Stonebridge Financial Group LLC MO Buys New Position in Invesco S&P SmallCap Momentum ETF $XSMO

Stonebridge Financial Group LLC MO bought a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 11,966 shares of the company’s stock, valued at approximately $862,000. Invesco S&P SmallCap Momentum ETF comprises approximately 0.7% of Stonebridge Financial Group LLC MO’s investment portfolio, making the stock its 29th biggest position.

Several other institutional investors have also recently added to or reduced their stakes in the company. World Investment Advisors raised its stake in Invesco S&P SmallCap Momentum ETF by 59.6% in the 4th quarter. World Investment Advisors now owns 5,510 shares of the company’s stock valued at $397,000 after purchasing an additional 2,058 shares during the last quarter. Meridian Wealth Management LLC raised its stake in Invesco S&P SmallCap Momentum ETF by 26.8% in the 4th quarter. Meridian Wealth Management LLC now owns 164,108 shares of the company’s stock valued at $11,817,000 after purchasing an additional 34,642 shares during the last quarter. Gratus Wealth Advisors LLC raised its stake in Invesco S&P SmallCap Momentum ETF by 0.8% in the 4th quarter. Gratus Wealth Advisors LLC now owns 490,887 shares of the company’s stock valued at $35,349,000 after purchasing an additional 4,110 shares during the last quarter. Colonial River Investments LLC raised its stake in Invesco S&P SmallCap Momentum ETF by 2.0% in the 4th quarter. Colonial River Investments LLC now owns 9,965 shares of the company’s stock valued at $718,000 after purchasing an additional 200 shares during the last quarter. Finally, D Orazio & Associates Inc. raised its stake in Invesco S&P SmallCap Momentum ETF by 8.8% in the 4th quarter. D Orazio & Associates Inc. now owns 3,835 shares of the company’s stock valued at $276,000 after purchasing an additional 310 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

XSMO opened at $86.23 on Wednesday. The stock has a market capitalization of $2.70 billion, a price-to-earnings ratio of 19.29 and a beta of 1.11. The business has a 50-day moving average of $80.43 and a two-hundred day moving average of $76.88. Invesco S&P SmallCap Momentum ETF has a 12 month low of $64.02 and a 12 month high of $88.57.

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.