Capstone Wealth Management Group LLC Sells 29,549 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Capstone Wealth Management Group LLC decreased its holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 71.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,054 shares of the company’s stock after selling 29,549 shares during the quarter. Capstone Wealth Management Group LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $983,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Jacobi Capital Management LLC increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 18.0% during the third quarter. Jacobi Capital Management LLC now owns 2,957 shares of the company’s stock valued at $241,000 after purchasing an additional 451 shares during the period. Moneco Advisors LLC raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 286.8% during the third quarter. Moneco Advisors LLC now owns 48,560 shares of the company’s stock valued at $3,962,000 after purchasing an additional 36,005 shares in the last quarter. D Orazio & Associates Inc. acquired a new stake in Invesco S&P SmallCap Momentum ETF in the third quarter worth about $313,000. Cpwa LLC lifted its holdings in Invesco S&P SmallCap Momentum ETF by 2.8% in the third quarter. Cpwa LLC now owns 11,035 shares of the company’s stock worth $897,000 after purchasing an additional 303 shares during the period. Finally, Asset Dedication LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF in the third quarter worth about $28,000.

Invesco S&P SmallCap Momentum ETF Stock Up 1.3%

Shares of XSMO opened at $81.42 on Thursday. The firm has a 50-day moving average price of $81.52 and a 200 day moving average price of $83.39. The firm has a market capitalization of $2.82 billion, a PE ratio of 19.29 and a beta of 1.12. Invesco S&P SmallCap Momentum ETF has a 52-week low of $68.59 and a 52-week 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.