Nvest Financial LLC Purchases New Stake in Invesco S&P SmallCap Momentum ETF $XSMO

Nvest Financial LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 53,916 shares of the company’s stock, valued at approximately $4,099,000. Invesco S&P SmallCap Momentum ETF makes up approximately 1.5% of Nvest Financial LLC’s holdings, making the stock its 22nd largest holding.

Several other institutional investors also recently bought and sold shares of XSMO. Fifth Third Securities Inc. raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 1.3% in the 4th quarter. Fifth Third Securities Inc. now owns 14,155 shares of the company’s stock valued at $1,019,000 after acquiring an additional 180 shares during the period. Stonebridge Financial Group LLC MO boosted its position in Invesco S&P SmallCap Momentum ETF by 1.5% during the 1st quarter. Stonebridge Financial Group LLC MO now owns 12,148 shares of the company’s stock worth $923,000 after purchasing an additional 182 shares during the period. Mutual Advisors LLC increased its holdings in Invesco S&P SmallCap Momentum ETF by 4.1% in the 4th quarter. Mutual Advisors LLC now owns 5,016 shares of the company’s stock valued at $361,000 after purchasing an additional 197 shares in the last quarter. Colonial River Investments LLC increased its holdings in Invesco S&P SmallCap Momentum ETF by 2.0% in the 4th quarter. Colonial River Investments LLC now owns 9,965 shares of the company’s stock valued at $718,000 after purchasing an additional 200 shares in the last quarter. Finally, Rehmann Capital Advisory Group raised its position in Invesco S&P SmallCap Momentum ETF by 6.0% in the third quarter. Rehmann Capital Advisory Group now owns 3,749 shares of the company’s stock valued at $276,000 after purchasing an additional 212 shares during the period.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of XSMO opened at $90.45 on Monday. The stock’s 50-day moving average is $87.81 and its two-hundred day moving average is $81.11. The stock has a market cap of $3.07 billion, a PE ratio of 19.29 and a beta of 1.08. Invesco S&P SmallCap Momentum ETF has a 12 month low of $66.16 and a 12 month high of $93.68.

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.