Golden State Wealth Management LLC Purchases 1,519 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Golden State Wealth Management LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 15.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,131 shares of the company’s stock after buying an additional 1,519 shares during the period. Golden State Wealth Management LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $757,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. GPS Wealth Strategies Group LLC grew its position in Invesco S&P SmallCap Momentum ETF by 21.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 83,672 shares of the company’s stock worth $5,691,000 after acquiring an additional 14,556 shares during the last quarter. Simplex Trading LLC bought a new stake in shares of Invesco S&P SmallCap Momentum ETF during the second quarter valued at approximately $205,000. EPG Wealth Management LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the second quarter valued at approximately $5,291,000. Uniting Wealth Partners LLC raised its position in Invesco S&P SmallCap Momentum ETF by 1,657.1% in the 2nd quarter. Uniting Wealth Partners LLC now owns 56,648 shares of the company’s stock worth $3,853,000 after purchasing an additional 53,424 shares during the last quarter. Finally, NBZ Investment Advisors LLC lifted its holdings in Invesco S&P SmallCap Momentum ETF by 3.1% during the 2nd quarter. NBZ Investment Advisors LLC now owns 144,650 shares of the company’s stock worth $9,839,000 after buying an additional 4,416 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Down 1.6%

XSMO stock opened at $71.56 on Friday. The business has a fifty day moving average of $72.93 and a 200-day moving average of $69.09. The company has a market cap of $2.00 billion, a P/E ratio of 19.29 and a beta of 1.07. Invesco S&P SmallCap Momentum ETF has a twelve month low of $53.89 and a twelve month high of $74.71.

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.