25,672 Shares in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Acquired by Arizona PSPRS Trust

Arizona PSPRS Trust acquired a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the third quarter, Holdings Channel reports. The fund acquired 25,672 shares of the company’s stock, valued at approximately $1,699,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of XSMO. LPL Financial LLC grew its position in Invesco S&P SmallCap Momentum ETF by 26.9% in the 2nd quarter. LPL Financial LLC now owns 1,145,893 shares of the company’s stock valued at $68,811,000 after purchasing an additional 242,783 shares during the period. Mainstay Capital Management LLC ADV acquired a new position in shares of Invesco S&P SmallCap Momentum ETF during the third quarter valued at about $46,409,000. Marmo Financial Group LLC increased its position in shares of Invesco S&P SmallCap Momentum ETF by 139.4% during the third quarter. Marmo Financial Group LLC now owns 268,613 shares of the company’s stock worth $17,779,000 after acquiring an additional 156,422 shares in the last quarter. Apollon Wealth Management LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 3rd quarter worth about $16,982,000. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Invesco S&P SmallCap Momentum ETF by 6.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 209,318 shares of the company’s stock valued at $13,855,000 after acquiring an additional 12,581 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

XSMO stock opened at $73.19 on Monday. The company has a market capitalization of $513.79 million, a P/E ratio of 15.91 and a beta of 1.19. Invesco S&P SmallCap Momentum ETF has a 52-week low of $50.28 and a 52-week high of $74.38. The business has a 50-day simple moving average of $68.33 and a two-hundred day simple moving average of $64.50.

Invesco S&P SmallCap Momentum ETF Company 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.