Cooper Financial Group Sells 21,225 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Cooper Financial Group lowered its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 21.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 78,204 shares of the company’s stock after selling 21,225 shares during the period. Cooper Financial Group owned 0.23% of Invesco S&P SmallCap Momentum ETF worth $7,322,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in XSMO. Total Clarity Wealth Management Inc. bought a new position in Invesco S&P SmallCap Momentum ETF in the 1st quarter worth about $665,000. Apollon Wealth Management LLC grew its holdings in Invesco S&P SmallCap Momentum ETF by 1.6% during the 4th quarter. Apollon Wealth Management LLC now owns 384,931 shares of the company’s stock valued at $27,719,000 after buying an additional 6,215 shares in the last quarter. Capital Investment Counsel LLC bought a new stake in shares of Invesco S&P SmallCap Momentum ETF during the fourth quarter valued at about $2,245,000. Fortis Capital Advisors LLC bought a new stake in shares of Invesco S&P SmallCap Momentum ETF during the fourth quarter valued at about $719,000. Finally, HighTower Advisors LLC lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 293.3% in the fourth quarter. HighTower Advisors LLC now owns 223,166 shares of the company’s stock worth $16,070,000 after buying an additional 166,427 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Down 0.7%

Shares of Invesco S&P SmallCap Momentum ETF stock opened at $88.34 on Friday. The company’s 50-day moving average price is $88.73 and its 200-day moving average price is $83.45. Invesco S&P SmallCap Momentum ETF has a 12-month low of $67.93 and a 12-month high of $93.68. The company has a market cap of $3.09 billion, a price-to-earnings ratio of 19.29 and a beta of 1.09.

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.