Thrivent Financial for Lutherans Purchases 90,901 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Thrivent Financial for Lutherans lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 56.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 252,457 shares of the company’s stock after purchasing an additional 90,901 shares during the period. Thrivent Financial for Lutherans owned 3.60% of Invesco S&P SmallCap Momentum ETF worth $16,690,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Banco Santander S.A. bought a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at $1,494,000. Citigroup Inc. boosted its position in Invesco S&P SmallCap Momentum ETF by 6.0% during the third quarter. Citigroup Inc. now owns 133,077 shares of the company’s stock valued at $8,808,000 after acquiring an additional 7,546 shares during the last quarter. Meridian Wealth Management LLC grew its holdings in Invesco S&P SmallCap Momentum ETF by 4.9% during the 3rd quarter. Meridian Wealth Management LLC now owns 109,567 shares of the company’s stock worth $7,252,000 after acquiring an additional 5,107 shares during the period. Great Valley Advisor Group Inc. bought a new position in shares of Invesco S&P SmallCap Momentum ETF in the 3rd quarter worth about $266,000. Finally, Crewe Advisors LLC bought a new position in shares of Invesco S&P SmallCap Momentum ETF during the 3rd quarter worth approximately $283,000.

Invesco S&P SmallCap Momentum ETF Stock Down 0.6 %

Shares of XSMO stock opened at $61.94 on Friday. Invesco S&P SmallCap Momentum ETF has a 52 week low of $55.99 and a 52 week high of $74.38. The firm has a 50 day moving average of $66.22 and a 200-day moving average of $67.11. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 15.41 and a beta of 1.11.

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.