Marshall Investment Management LLC Purchases Shares of 33,609 Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Marshall Investment Management LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 33,609 shares of the company’s stock, valued at approximately $2,225,000.

Other institutional investors also recently modified their holdings of the company. JBR Co Financial Management Inc raised its stake in Invesco S&P SmallCap Momentum ETF by 108.7% during the 4th quarter. JBR Co Financial Management Inc now owns 18,656 shares of the company’s stock valued at $1,233,000 after purchasing an additional 9,716 shares during the period. Sigma Planning Corp raised its stake in Invesco S&P SmallCap Momentum ETF by 23.9% during the 4th quarter. Sigma Planning Corp now owns 13,775 shares of the company’s stock valued at $911,000 after purchasing an additional 2,654 shares during the period. Wealth Alliance raised its stake in Invesco S&P SmallCap Momentum ETF by 67.9% during the 4th quarter. Wealth Alliance now owns 6,883 shares of the company’s stock valued at $455,000 after purchasing an additional 2,783 shares during the period. Private Advisor Group LLC raised its stake in Invesco S&P SmallCap Momentum ETF by 13.5% during the 4th quarter. Private Advisor Group LLC now owns 110,040 shares of the company’s stock valued at $7,275,000 after purchasing an additional 13,117 shares during the period. Finally, Good Life Advisors LLC raised its stake in Invesco S&P SmallCap Momentum ETF by 91.4% during the 4th quarter. Good Life Advisors LLC now owns 6,725 shares of the company’s stock valued at $445,000 after purchasing an additional 3,211 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Down 2.9 %

Shares of NYSEARCA:XSMO opened at $65.20 on Friday. The company’s fifty day moving average is $67.82 and its two-hundred day moving average is $67.28. Invesco S&P SmallCap Momentum ETF has a 12-month low of $55.99 and a 12-month high of $74.38. The company has a market cap of $457.70 million, a P/E ratio of 15.91 and a beta of 1.19.

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.