Invesco S&P SmallCap Momentum ETF $XSMO Shares Newly Bought by MFG Investments LLC

MFG Investments LLC purchased a new position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the third quarter, HoldingsChannel reports. The fund purchased 25,824 shares of the company’s stock, valued at approximately $2,107,000. Invesco S&P SmallCap Momentum ETF makes up approximately 2.4% of MFG Investments LLC’s portfolio, making the stock its 12th largest holding.

A number of other institutional investors also recently bought and sold shares of XSMO. Assetmark Inc. boosted its position in Invesco S&P SmallCap Momentum ETF by 13.3% during the 1st quarter. Assetmark Inc. now owns 1,529 shares of the company’s stock valued at $116,000 after acquiring an additional 179 shares in the last quarter. James Investment Research Inc. raised its position in shares of Invesco S&P SmallCap Momentum ETF by 2.8% in the 3rd quarter. James Investment Research Inc. now owns 7,670 shares of the company’s stock worth $626,000 after acquiring an additional 207 shares in the last quarter. Paragon Private Wealth Management LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF by 0.7% in the 1st quarter. Paragon Private Wealth Management LLC now owns 33,102 shares of the company’s stock worth $2,516,000 after acquiring an additional 223 shares in the last quarter. Wealth Alliance LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF by 8.8% in the 1st quarter. Wealth Alliance LLC now owns 3,678 shares of the company’s stock worth $280,000 after acquiring an additional 298 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF by 1.7% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 21,559 shares of the company’s stock worth $2,019,000 after acquiring an additional 363 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Up 0.8%

XSMO opened at $80.96 on Wednesday. The stock has a market cap of $2.81 billion, a PE ratio of 19.29 and a beta of 1.12. The business has a 50 day moving average of $82.16 and a 200-day moving average of $83.33. Invesco S&P SmallCap Momentum ETF has a 52 week low of $68.59 and a 52 week high of $93.68.

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.