NBZ Investment Advisors LLC Has $14.01 Million Stock Holdings in Invesco S&P SmallCap Momentum ETF $XSMO

NBZ Investment Advisors LLC lifted its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 5.6% during the first quarter, Holdings Channel reports. The fund owned 184,296 shares of the company’s stock after buying an additional 9,768 shares during the quarter. Invesco S&P SmallCap Momentum ETF comprises 6.1% of NBZ Investment Advisors LLC’s investment portfolio, making the stock its 5th largest position. NBZ Investment Advisors LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $14,010,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Capstone Wealth Management Group LLC increased its stake in Invesco S&P SmallCap Momentum ETF by 138.0% in the first quarter. Capstone Wealth Management Group LLC now owns 46,666 shares of the company’s stock valued at $2,928,000 after purchasing an additional 27,061 shares in the last quarter. Focus Partners Wealth acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 1st quarter valued at about $539,000. Cerity Partners LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 2nd quarter valued at about $818,000. Raymond James Financial Inc. increased its position in Invesco S&P SmallCap Momentum ETF by 154.4% in the 2nd quarter. Raymond James Financial Inc. now owns 1,033,548 shares of the company’s stock valued at $70,302,000 after buying an additional 627,318 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Invesco S&P SmallCap Momentum ETF by 7.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,414 shares of the company’s stock valued at $640,000 after buying an additional 665 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

XSMO stock opened at $87.60 on Tuesday. The stock’s 50 day simple moving average is $88.26 and its 200 day simple moving average is $81.76. The company has a market cap of $3.00 billion, a P/E ratio of 19.29 and a beta of 1.08. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $66.16 and a fifty-two week high of $93.68.

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.