Systelligence LLC Grows Stock Holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Systelligence LLC increased its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 11.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 123,801 shares of the company’s stock after buying an additional 12,786 shares during the period. Invesco S&P SmallCap Momentum ETF comprises 2.0% of Systelligence LLC’s portfolio, making the stock its 26th largest holding. Systelligence LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $8,184,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Mainstay Capital Management LLC ADV purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the third quarter valued at about $46,409,000. Apollon Wealth Management LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the third quarter valued at about $16,982,000. Marmo Financial Group LLC lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 139.4% in the third quarter. Marmo Financial Group LLC now owns 268,613 shares of the company’s stock valued at $17,779,000 after purchasing an additional 156,422 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 586.9% in the third quarter. Thrivent Financial for Lutherans now owns 161,556 shares of the company’s stock valued at $10,693,000 after purchasing an additional 138,037 shares in the last quarter. Finally, Fischer Investment Strategies LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the third quarter valued at about $4,462,000.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of NYSEARCA XSMO opened at $68.43 on Monday. The firm’s 50-day moving average is $68.10 and its two-hundred day moving average is $67.13. The company has a market capitalization of $480.38 million, a PE ratio of 15.91 and a beta of 1.19. Invesco S&P SmallCap Momentum ETF has a 12-month low of $55.99 and a 12-month high of $74.38.

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.