Meridian Wealth Management LLC Has $11.82 Million Stock Holdings in Invesco S&P SmallCap Momentum ETF $XSMO

Meridian Wealth Management LLC lifted its holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 26.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 164,108 shares of the company’s stock after purchasing an additional 34,642 shares during the quarter. Meridian Wealth Management LLC owned about 0.56% of Invesco S&P SmallCap Momentum ETF worth $11,817,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. increased its holdings in Invesco S&P SmallCap Momentum ETF by 234.4% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 535 shares of the company’s stock worth $40,000 after purchasing an additional 375 shares in the last quarter. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the third quarter valued at approximately $49,000. Godsey & Gibb Inc. acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the third quarter valued at approximately $57,000. Blair William & Co. IL raised its holdings in shares of Invesco S&P SmallCap Momentum ETF by 10,957.1% in the third quarter. Blair William & Co. IL now owns 774 shares of the company’s stock valued at $57,000 after purchasing an additional 767 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its holdings in shares of Invesco S&P SmallCap Momentum ETF by 18.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,059 shares of the company’s stock valued at $78,000 after purchasing an additional 165 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Up 0.4%

NYSEARCA XSMO opened at $87.57 on Tuesday. Invesco S&P SmallCap Momentum ETF has a 12-month low of $64.02 and a 12-month high of $88.57. The company has a market capitalization of $2.74 billion, a PE ratio of 19.29 and a beta of 1.11. The firm’s 50 day moving average is $80.31 and its 200-day moving average is $76.79.

Invesco S&P SmallCap Momentum ETF 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.