Cullen Frost Bankers Inc. Makes New Investment in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Cullen Frost Bankers Inc. acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,677 shares of the company’s stock, valued at approximately $111,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vantage Financial Partners LLC boosted its holdings in Invesco S&P SmallCap Momentum ETF by 27.2% in the fourth quarter. Vantage Financial Partners LLC now owns 16,177 shares of the company’s stock valued at $1,069,000 after acquiring an additional 3,456 shares during the last quarter. Atria Investments Inc lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 8.5% in the 4th quarter. Atria Investments Inc now owns 17,850 shares of the company’s stock valued at $1,180,000 after purchasing an additional 1,404 shares in the last quarter. Steward Partners Investment Advisory LLC grew its holdings in shares of Invesco S&P SmallCap Momentum ETF by 1.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 487,300 shares of the company’s stock worth $32,215,000 after purchasing an additional 6,037 shares during the period. Jones Financial Companies Lllp increased its position in Invesco S&P SmallCap Momentum ETF by 51.4% during the 4th quarter. Jones Financial Companies Lllp now owns 71,036 shares of the company’s stock worth $4,696,000 after purchasing an additional 24,105 shares in the last quarter. Finally, Noble Wealth Management PBC acquired a new stake in Invesco S&P SmallCap Momentum ETF during the 4th quarter worth approximately $2,705,000.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA XSMO opened at $62.11 on Monday. Invesco S&P SmallCap Momentum ETF has a one year low of $55.99 and a one year high of $74.38. The company’s 50 day moving average price is $67.17 and its 200 day moving average price is $67.41. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 17.33 and a beta of 1.10.

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.