LPL Financial LLC Purchases 524,443 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

LPL Financial LLC boosted its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 41.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,794,668 shares of the company’s stock after purchasing an additional 524,443 shares during the quarter. LPL Financial LLC owned about 25.57% of Invesco S&P SmallCap Momentum ETF worth $118,645,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Citigroup Inc. raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 6.0% during the third quarter. Citigroup Inc. now owns 133,077 shares of the company’s stock worth $8,808,000 after buying an additional 7,546 shares during the last quarter. Great Valley Advisor Group Inc. bought a new stake in shares of Invesco S&P SmallCap Momentum ETF during the 3rd quarter valued at $266,000. Centaurus Financial Inc. acquired a new position in shares of Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at $215,000. FMR LLC boosted its position in shares of Invesco S&P SmallCap Momentum ETF by 68.0% in the 3rd quarter. FMR LLC now owns 2,172 shares of the company’s stock worth $144,000 after purchasing an additional 879 shares during the last quarter. Finally, CreativeOne Wealth LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the third quarter worth $565,000.

Invesco S&P SmallCap Momentum ETF Trading Up 2.6 %

NYSEARCA:XSMO opened at $63.54 on Tuesday. Invesco S&P SmallCap Momentum ETF has a 1-year low of $55.99 and a 1-year high of $74.38. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 15.41 and a beta of 1.11. The business’s 50-day moving average price is $66.18 and its two-hundred day moving average price is $67.17.

Invesco S&P SmallCap Momentum ETF Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a $0.1958 dividend. The ex-dividend date of this dividend is Monday, March 24th.

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.