Invesco S&P SmallCap Momentum ETF $XSMO Shares Newly Bought by Partners Wealth Management LLC

Partners Wealth Management LLC bought a new position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 9,417 shares of the company’s stock, valued at approximately $768,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Markowski Investments purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 2nd quarter worth approximately $18,314,000. Apollon Wealth Management LLC increased its holdings in Invesco S&P SmallCap Momentum ETF by 16.6% during the third quarter. Apollon Wealth Management LLC now owns 646,349 shares of the company’s stock valued at $52,729,000 after buying an additional 92,041 shares during the period. Fifth Third Securities Inc. purchased a new position in Invesco S&P SmallCap Momentum ETF during the third quarter valued at approximately $5,858,000. Kinetic Wealth Investment Advisors LLC bought a new position in Invesco S&P SmallCap Momentum ETF in the second quarter worth approximately $6,577,000. Finally, Envestnet Asset Management Inc. raised its stake in Invesco S&P SmallCap Momentum ETF by 4.0% in the second 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 in the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Down 1.9%

Shares of NYSEARCA XSMO opened at $80.98 on Friday. Invesco S&P SmallCap Momentum ETF has a 12-month low of $68.59 and a 12-month high of $93.68. The stock’s fifty day simple moving average is $82.36 and its two-hundred day simple moving average is $83.29. The stock has a market capitalization of $2.82 billion, a PE ratio of 19.29 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.