Compass Financial Management LLC Makes New $3.80 Million Investment in Invesco S&P SmallCap Momentum ETF $XSMO

Compass Financial Management LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 41,188 shares of the company’s stock, valued at approximately $3,801,000.

A number of other hedge funds and other institutional investors have also modified their holdings of XSMO. GHP Investment Advisors Inc. purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF during the 1st quarter worth $29,000. Your Advocates Ltd. LLP purchased a new position in Invesco S&P SmallCap Momentum ETF in the first quarter valued at $32,000. High Note Wealth LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at $33,000. Allworth Financial LP raised its stake in Invesco S&P SmallCap Momentum ETF by 350.3% in the fourth quarter. Allworth Financial LP now owns 680 shares of the company’s stock valued at $49,000 after buying an additional 529 shares in the last quarter. Finally, Blair William & Co. IL lifted its holdings in Invesco S&P SmallCap Momentum ETF by 10,957.1% during the 3rd quarter. Blair William & Co. IL now owns 774 shares of the company’s stock worth $57,000 after buying an additional 767 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of NYSEARCA XSMO opened at $86.05 on Friday. The business has a 50-day moving average of $88.88 and a two-hundred day moving average of $84.26. The company has a market capitalization of $3.01 billion, a price-to-earnings ratio of 19.29 and a beta of 1.09. Invesco S&P SmallCap Momentum ETF has a 1 year low of $68.59 and a 1 year high of $93.68.

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.