Fifth Third Securities Inc. Acquires 71,811 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Fifth Third Securities Inc. purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 71,811 shares of the company’s stock, valued at approximately $5,858,000. Fifth Third Securities Inc. owned 0.20% of Invesco S&P SmallCap Momentum ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in Invesco S&P SmallCap Momentum ETF by 4.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,785,627 shares of the company’s stock worth $167,188,000 after buying an additional 69,188 shares during the period. Cetera Investment Advisers grew its stake in Invesco S&P SmallCap Momentum ETF by 7.3% in the first quarter. Cetera Investment Advisers now owns 870,093 shares of the company’s stock worth $66,144,000 after purchasing an additional 59,526 shares in the last quarter. Gratus Wealth Advisors LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF by 6.0% during the 1st quarter. Gratus Wealth Advisors LLC now owns 520,253 shares of the company’s stock valued at $39,550,000 after acquiring an additional 29,366 shares in the last quarter. Bank of America Corp DE increased its stake in Invesco S&P SmallCap Momentum ETF by 17.0% during the first quarter. Bank of America Corp DE now owns 474,699 shares of the company’s stock valued at $36,087,000 after purchasing an additional 68,961 shares during the last quarter. Finally, Apollon Wealth Management LLC lifted its holdings in Invesco S&P SmallCap Momentum ETF by 1.1% in the first quarter. Apollon Wealth Management LLC now owns 389,278 shares of the company’s stock worth $29,593,000 after acquiring an additional 4,347 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Up 0.6%

NYSEARCA XSMO traded up $0.50 during trading hours on Wednesday, hitting $80.52. The company had a trading volume of 164,715 shares, compared to its average volume of 266,268. The firm has a market cap of $2.83 billion, a P/E ratio of 19.29 and a beta of 1.11. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $68.59 and a fifty-two week high of $93.68. The business has a fifty day simple moving average of $83.55 and a 200-day simple moving average of $85.76.

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.