NBZ Investment Advisors LLC Purchases 9,768 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

NBZ Investment Advisors LLC raised its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 5.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm 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 about 6.1% of NBZ Investment Advisors LLC’s portfolio, making the stock its 5th largest position. NBZ Investment Advisors LLC owned about 0.59% of Invesco S&P SmallCap Momentum ETF worth $14,010,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC boosted its position in shares of Invesco S&P SmallCap Momentum ETF by 3.2% during the 4th quarter. LPL Financial LLC now owns 2,171,515 shares of the company’s stock worth $156,371,000 after acquiring an additional 66,942 shares in the last quarter. Osaic Holdings Inc. raised its position in Invesco S&P SmallCap Momentum ETF by 2.0% during the fourth quarter. Osaic Holdings Inc. now owns 1,730,681 shares of the company’s stock valued at $124,644,000 after purchasing an additional 33,235 shares in the last quarter. Raymond James Financial Inc. lifted its stake in Invesco S&P SmallCap Momentum ETF by 28.4% during the third quarter. Raymond James Financial Inc. now owns 1,327,495 shares of the company’s stock worth $97,664,000 after purchasing an additional 293,947 shares during the last quarter. Morgan Stanley lifted its stake in Invesco S&P SmallCap Momentum ETF by 23.7% during the fourth quarter. Morgan Stanley now owns 942,702 shares of the company’s stock worth $67,884,000 after purchasing an additional 180,690 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 5.8% in the 4th quarter. Wells Fargo & Company MN now owns 835,228 shares of the company’s stock valued at $60,145,000 after purchasing an additional 45,527 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

Shares of XSMO opened at $87.60 on Tuesday. Invesco S&P SmallCap Momentum ETF has a 52-week low of $66.16 and a 52-week high of $93.68. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 19.29 and a beta of 1.08. The business’s fifty day moving average is $88.26 and its 200-day moving average is $81.76.

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.