Commonwealth Equity Services LLC Boosts Stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Commonwealth Equity Services LLC grew its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 20.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 150,914 shares of the company’s stock after acquiring an additional 25,587 shares during the quarter. Commonwealth Equity Services LLC owned about 2.15% of Invesco S&P SmallCap Momentum ETF worth $9,977,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new stake in Invesco S&P SmallCap Momentum ETF during the fourth quarter valued at approximately $30,658,000. Thrivent Financial for Lutherans increased its position in shares of Invesco S&P SmallCap Momentum ETF by 586.9% during the third quarter. Thrivent Financial for Lutherans now owns 161,556 shares of the company’s stock worth $10,693,000 after purchasing an additional 138,037 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF during the 4th quarter valued at $6,129,000. Smart Money Group LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 4th quarter worth $4,101,000. Finally, Kingsview Wealth Management LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 4th quarter worth $3,870,000.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of NYSEARCA:XSMO opened at $62.48 on Thursday. The business’s 50-day moving average is $66.36 and its 200 day moving average is $67.17. Invesco S&P SmallCap Momentum ETF has a 1 year low of $55.99 and a 1 year high of $74.38. The firm has a market capitalization of $1.41 billion, a P/E ratio of 15.41 and a beta of 1.11.

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.