Cornerstone Planning Group LLC Invests $693,000 in Invesco S&P SmallCap Momentum ETF $XSMO

Cornerstone Planning Group LLC bought a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMOFree Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 9,118 shares of the company’s stock, valued at approximately $693,000.

A number of other large investors have also recently made changes to their positions in XSMO. Assetmark Inc. grew its stake in Invesco S&P SmallCap Momentum ETF by 13.3% during the 1st quarter. Assetmark Inc. now owns 1,529 shares of the company’s stock worth $116,000 after buying an additional 179 shares during the last quarter. Independent Financial Group LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF in the first quarter valued at approximately $588,000. Seros Financial LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 60.3% in the first quarter. Seros Financial LLC now owns 125,274 shares of the company’s stock valued at $9,523,000 after buying an additional 47,101 shares during the last quarter. Theory Financial LLC boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 29.9% in the first quarter. Theory Financial LLC now owns 61,993 shares of the company’s stock valued at $4,713,000 after acquiring an additional 14,285 shares during the period. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 2.8% in the first quarter. Geneos Wealth Management Inc. now owns 66,897 shares of the company’s stock valued at $5,085,000 after acquiring an additional 1,798 shares during the period.

Invesco S&P SmallCap Momentum ETF Trading Down 0.4%

Shares of XSMO opened at $87.76 on Friday. The company’s 50 day simple moving average is $88.33 and its 200-day simple moving average is $82.09. The firm has a market cap of $3.02 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

(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.

See Also

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

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