Concorde Asset Management LLC Invests $1.46 Million in Invesco S&P SmallCap Momentum ETF $XSMO

Concorde Asset Management LLC acquired a new position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 19,226 shares of the company’s stock, valued at approximately $1,462,000. Concorde Asset Management LLC owned 0.06% of Invesco S&P SmallCap Momentum ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Assetmark Inc. raised its holdings in Invesco S&P SmallCap Momentum ETF by 13.3% in the 1st quarter. Assetmark Inc. now owns 1,529 shares of the company’s stock worth $116,000 after acquiring an additional 179 shares during the period. Fifth Third Securities Inc. grew its position in shares of Invesco S&P SmallCap Momentum ETF by 1.3% in the fourth quarter. Fifth Third Securities Inc. now owns 14,155 shares of the company’s stock valued at $1,019,000 after purchasing an additional 180 shares during the last quarter. Stonebridge Financial Group LLC MO grew its position in shares of Invesco S&P SmallCap Momentum ETF by 1.5% in the first quarter. Stonebridge Financial Group LLC MO now owns 12,148 shares of the company’s stock valued at $923,000 after purchasing an additional 182 shares during the last quarter. Mutual Advisors LLC grew its position in shares of Invesco S&P SmallCap Momentum ETF by 4.1% in the fourth quarter. Mutual Advisors LLC now owns 5,016 shares of the company’s stock valued at $361,000 after purchasing an additional 197 shares during the last quarter. Finally, Colonial River Investments LLC increased its stake in shares of Invesco S&P SmallCap Momentum ETF by 2.0% in the fourth quarter. Colonial River Investments LLC now owns 9,965 shares of the company’s stock worth $718,000 after purchasing an additional 200 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA XSMO opened at $86.76 on Friday. Invesco S&P SmallCap Momentum ETF has a twelve month low of $66.16 and a twelve month high of $93.68. The stock has a market capitalization of $3.03 billion, a PE ratio of 19.29 and a beta of 1.08. The stock has a 50-day simple moving average of $88.67 and a 200 day simple moving average of $83.05.

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.