New Insight Wealth Advisors Purchases 9,319 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

New Insight Wealth Advisors lifted its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 49.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,030 shares of the company’s stock after purchasing an additional 9,319 shares during the period. Invesco S&P SmallCap Momentum ETF accounts for approximately 0.8% of New Insight Wealth Advisors’ holdings, making the stock its 28th largest position. New Insight Wealth Advisors owned about 0.13% of Invesco S&P SmallCap Momentum ETF worth $1,759,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. LPL Financial LLC increased its stake in Invesco S&P SmallCap Momentum ETF by 41.3% in the 4th quarter. LPL Financial LLC now owns 1,794,668 shares of the company’s stock worth $118,645,000 after buying an additional 524,443 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Invesco S&P SmallCap Momentum ETF by 13.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,517,383 shares of the company’s stock worth $95,216,000 after buying an additional 176,891 shares in the last quarter. Cetera Investment Advisers increased its stake in Invesco S&P SmallCap Momentum ETF by 959.1% in the 4th quarter. Cetera Investment Advisers now owns 1,032,219 shares of the company’s stock worth $68,240,000 after buying an additional 934,757 shares in the last quarter. Wells Fargo & Company MN increased its stake in Invesco S&P SmallCap Momentum ETF by 59.3% in the 4th quarter. Wells Fargo & Company MN now owns 636,714 shares of the company’s stock worth $42,093,000 after buying an additional 236,970 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Invesco S&P SmallCap Momentum ETF in the 4th quarter worth $30,658,000.

Invesco S&P SmallCap Momentum ETF Stock Up 0.1%

Shares of Invesco S&P SmallCap Momentum ETF stock opened at $68.35 on Wednesday. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of 19.29 and a beta of 1.08. The business has a 50-day moving average price of $66.14 and a 200-day moving average price of $64.95. Invesco S&P SmallCap Momentum ETF has a twelve month low of $53.89 and a twelve month high of $74.38.

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.