Marshall Investment Management LLC Invests $2.11 Million in Invesco S&P SmallCap Momentum ETF $XSMO

Marshall Investment Management LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 28,625 shares of the company’s stock, valued at approximately $2,106,000. Marshall Investment Management LLC owned approximately 0.10% of Invesco S&P SmallCap Momentum ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Raymond James Financial Inc. raised its position in shares of Invesco S&P SmallCap Momentum ETF by 154.4% in the second quarter. Raymond James Financial Inc. now owns 1,033,548 shares of the company’s stock valued at $70,302,000 after buying an additional 627,318 shares during the last quarter. River Wealth Advisors LLC acquired a new position in Invesco S&P SmallCap Momentum ETF during the second quarter worth about $22,029,000. Bank of America Corp DE boosted its position in Invesco S&P SmallCap Momentum ETF by 68.6% during the third quarter. Bank of America Corp DE now owns 443,833 shares of the company’s stock worth $32,653,000 after acquiring an additional 180,532 shares during the last quarter. Thrivent Financial for Lutherans purchased a new stake in Invesco S&P SmallCap Momentum ETF during the 2nd quarter valued at about $11,355,000. Finally, Osaic Holdings Inc. grew its stake in Invesco S&P SmallCap Momentum ETF by 8.4% during the 2nd quarter. Osaic Holdings Inc. now owns 1,750,582 shares of the company’s stock valued at $119,082,000 after acquiring an additional 135,949 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA:XSMO opened at $75.75 on Tuesday. Invesco S&P SmallCap Momentum ETF has a one year low of $53.89 and a one year high of $81.36. The stock has a market cap of $2.21 billion, a PE ratio of 19.29 and a beta of 1.07. The stock has a 50 day moving average price of $77.74 and a 200 day moving average price of $74.61.

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.