Smart Money Group LLC Acquires Shares of 62,033 Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Smart Money Group LLC purchased a new position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 62,033 shares of the company’s stock, valued at approximately $4,101,000. Invesco S&P SmallCap Momentum ETF comprises approximately 1.4% of Smart Money Group LLC’s investment portfolio, making the stock its 20th largest position. Smart Money Group LLC owned 0.88% of Invesco S&P SmallCap Momentum ETF at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Thrivent Financial for Lutherans acquired a new position in shares of Invesco S&P SmallCap Momentum ETF in the 2nd quarter valued at approximately $1,412,000. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco S&P SmallCap Momentum ETF by 190.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 39,663 shares of the company’s stock worth $2,382,000 after purchasing an additional 25,984 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 260.4% in the second quarter. NewEdge Advisors LLC now owns 17,238 shares of the company’s stock valued at $1,035,000 after purchasing an additional 12,455 shares in the last quarter. Truist Financial Corp acquired a new position in shares of Invesco S&P SmallCap Momentum ETF during the second quarter worth about $5,147,000. Finally, Cetera Investment Advisers grew its holdings in shares of Invesco S&P SmallCap Momentum ETF by 315.1% during the second quarter. Cetera Investment Advisers now owns 78,964 shares of the company’s stock worth $4,742,000 after buying an additional 59,942 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

Shares of Invesco S&P SmallCap Momentum ETF stock opened at $68.68 on Monday. Invesco S&P SmallCap Momentum ETF has a 52-week low of $54.51 and a 52-week high of $74.38. The business’s 50 day simple moving average is $69.32 and its 200 day simple moving average is $66.33. The firm has a market cap of $482.13 million, a PE ratio of 15.91 and a beta of 1.19.

About Invesco S&P SmallCap Momentum ETF

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.