Invesco S&P SmallCap Momentum ETF $XSMO Stock Acquired by Moneco Advisors LLC

Moneco Advisors LLC grew its holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 286.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,560 shares of the company’s stock after acquiring an additional 36,005 shares during the period. Moneco Advisors LLC owned about 0.14% of Invesco S&P SmallCap Momentum ETF worth $3,962,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Markowski Investments purchased a new position in Invesco S&P SmallCap Momentum ETF during the second quarter valued at $18,314,000. Commonwealth Equity Services LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF in the 3rd quarter worth $10,258,000. Apollon Wealth Management LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 16.6% in the 3rd quarter. Apollon Wealth Management LLC now owns 646,349 shares of the company’s stock worth $52,729,000 after purchasing an additional 92,041 shares in the last quarter. Fifth Third Securities Inc. bought a new position in shares of Invesco S&P SmallCap Momentum ETF during the 3rd quarter valued at about $5,858,000. Finally, Kinetic Wealth Investment Advisors LLC bought a new position in shares of Invesco S&P SmallCap Momentum ETF during the 2nd quarter valued at about $6,577,000.

Invesco S&P SmallCap Momentum ETF Stock Up 0.1%

Shares of Invesco S&P SmallCap Momentum ETF stock opened at $80.37 on Wednesday. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 19.29 and a beta of 1.12. The business has a 50-day moving average price of $81.55 and a 200-day moving average price of $83.37. Invesco S&P SmallCap Momentum ETF has a twelve month low of $68.59 and a twelve month high of $93.68.

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.