Cooper Financial Group Lowers Holdings in Invesco S&P SmallCap Momentum ETF $XSMO

Cooper Financial Group decreased its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 5.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 102,655 shares of the company’s stock after selling 5,595 shares during the period. Invesco S&P SmallCap Momentum ETF accounts for about 0.8% of Cooper Financial Group’s investment portfolio, making the stock its 25th biggest position. Cooper Financial Group owned approximately 0.41% of Invesco S&P SmallCap Momentum ETF worth $6,983,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of XSMO. Ameriprise Financial Inc. purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at approximately $798,000. Accel Wealth Management raised its stake in Invesco S&P SmallCap Momentum ETF by 21.3% in the first quarter. Accel Wealth Management now owns 24,000 shares of the company’s stock worth $1,506,000 after buying an additional 4,207 shares in the last quarter. Breakwater Capital Group bought a new position in Invesco S&P SmallCap Momentum ETF in the first quarter worth approximately $789,000. Unique Wealth LLC bought a new position in Invesco S&P SmallCap Momentum ETF in the first quarter worth approximately $284,000. Finally, Farther Finance Advisors LLC raised its stake in Invesco S&P SmallCap Momentum ETF by 7,244.7% in the first quarter. Farther Finance Advisors LLC now owns 2,791 shares of the company’s stock worth $175,000 after buying an additional 2,753 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Up 0.3%

Shares of NYSEARCA:XSMO opened at $73.57 on Wednesday. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of 19.29 and a beta of 1.08. Invesco S&P SmallCap Momentum ETF has a 52 week low of $53.89 and a 52 week high of $74.51. The firm has a 50 day moving average of $71.31 and a 200 day moving average of $66.74.

Invesco S&P SmallCap Momentum ETF Company Profile

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.