MFA Wealth Advisors LLC Boosts Stock Holdings in Invesco S&P SmallCap Momentum ETF $XSMO

MFA Wealth Advisors LLC raised its holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 302.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 62,739 shares of the company’s stock after purchasing an additional 47,169 shares during the quarter. Invesco S&P SmallCap Momentum ETF accounts for about 1.0% of MFA Wealth Advisors LLC’s holdings, making the stock its 26th biggest position. MFA Wealth Advisors LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $4,268,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Gratus Wealth Advisors LLC purchased a new position in Invesco S&P SmallCap Momentum ETF in the 1st quarter valued at approximately $29,830,000. CWM LLC increased its position in shares of Invesco S&P SmallCap Momentum ETF by 157.7% in the first quarter. CWM LLC now owns 346,667 shares of the company’s stock valued at $21,753,000 after buying an additional 212,167 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 102.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 363,127 shares of the company’s stock worth $22,786,000 after buying an additional 183,547 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 13.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,517,383 shares of the company’s stock worth $95,216,000 after buying an additional 176,891 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Invesco S&P SmallCap Momentum ETF by 54.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 462,553 shares of the company’s stock worth $32,092,000 after buying an additional 163,428 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Up 0.6%

NYSEARCA:XSMO opened at $73.75 on Tuesday. The company has a market capitalization of $1.88 billion, a P/E ratio of 19.29 and a beta of 1.08. The firm has a 50-day moving average price of $70.75 and a two-hundred day moving average price of $66.26. Invesco S&P SmallCap Momentum ETF has a twelve month low of $53.89 and a twelve month high of $74.51.

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.