Fortune Financial Group Inc. Makes New $691,000 Investment in Invesco S&P SmallCap Momentum ETF $XSMO

Fortune Financial Group Inc. bought a new position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMOFree Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 9,594 shares of the company’s stock, valued at approximately $691,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Capital Analysts LLC boosted its stake in shares of Invesco S&P SmallCap Momentum ETF by 49.3% during the fourth quarter. Capital Analysts LLC now owns 4,243 shares of the company’s stock valued at $306,000 after purchasing an additional 1,401 shares in the last quarter. Cerity Partners LLC boosted its stake in shares of Invesco S&P SmallCap Momentum ETF by 3.1% during the fourth quarter. Cerity Partners LLC now owns 12,210 shares of the company’s stock valued at $879,000 after purchasing an additional 372 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Invesco S&P SmallCap Momentum ETF by 3.2% during the fourth quarter. LPL Financial LLC now owns 2,171,515 shares of the company’s stock valued at $156,371,000 after purchasing an additional 66,942 shares in the last quarter. Comprehensive Financial Planning Inc. PA boosted its stake in shares of Invesco S&P SmallCap Momentum ETF by 151.3% during the fourth quarter. Comprehensive Financial Planning Inc. PA now owns 1,686 shares of the company’s stock valued at $121,000 after purchasing an additional 1,015 shares in the last quarter. Finally, Mascagni Wealth Management Inc. boosted its stake in shares of Invesco S&P SmallCap Momentum ETF by 10.7% during the fourth quarter. Mascagni Wealth Management Inc. now owns 31,183 shares of the company’s stock valued at $2,245,000 after purchasing an additional 3,006 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA XSMO opened at $85.37 on Thursday. The firm’s 50 day moving average price is $84.72 and its 200-day moving average price is $79.08. Invesco S&P SmallCap Momentum ETF has a 52-week low of $65.31 and a 52-week high of $89.40. The company has a market cap of $2.68 billion, a PE ratio of 19.29 and a beta of 1.09.

Invesco S&P SmallCap Momentum ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

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