Mariner LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) during the 4th quarter, HoldingsChannel reports. The fund purchased 40,878 shares of the company’s stock, valued at approximately $2,702,000.
Other institutional investors also recently modified their holdings of the company. MGB Wealth Management LLC raised its holdings in Invesco S&P SmallCap Momentum ETF by 100.5% during the 4th quarter. MGB Wealth Management LLC now owns 401 shares of the company’s stock valued at $27,000 after acquiring an additional 201 shares during the period. Global Retirement Partners LLC raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 440.2% during the 4th quarter. Global Retirement Partners LLC now owns 443 shares of the company’s stock valued at $29,000 after purchasing an additional 361 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Invesco S&P SmallCap Momentum ETF by 27.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,208 shares of the company’s stock worth $80,000 after purchasing an additional 258 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in Invesco S&P SmallCap Momentum ETF during the 4th quarter worth about $111,000. Finally, Blair William & Co. IL bought a new position in Invesco S&P SmallCap Momentum ETF in the 4th quarter worth about $119,000.
Invesco S&P SmallCap Momentum ETF Stock Up 2.7 %
Shares of XSMO opened at $59.12 on Wednesday. Invesco S&P SmallCap Momentum ETF has a twelve month low of $53.89 and a twelve month high of $74.38. The stock has a market cap of $1.31 billion, a PE ratio of 18.75 and a beta of 1.04. The business’s 50-day moving average price is $61.86 and its 200-day moving average price is $66.32.
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.
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