MML Investors Services LLC Raises Stock Holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

MML Investors Services LLC boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 88.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 58,563 shares of the company’s stock after purchasing an additional 27,474 shares during the quarter. MML Investors Services LLC owned approximately 0.83% of Invesco S&P SmallCap Momentum ETF worth $3,876,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in XSMO. Ashton Thomas Private Wealth LLC bought a new stake in shares of Invesco S&P SmallCap Momentum ETF in the second quarter worth $26,000. Legacy Investment Solutions LLC acquired a new position in Invesco S&P SmallCap Momentum ETF during the 3rd quarter worth $114,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 3rd quarter worth about $125,000. FMR LLC increased its position in shares of Invesco S&P SmallCap Momentum ETF by 68.0% in the 3rd quarter. FMR LLC now owns 2,172 shares of the company’s stock worth $144,000 after purchasing an additional 879 shares during the last quarter. Finally, Advisor Resource Council acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at about $203,000.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA:XSMO opened at $69.82 on Friday. The company has a market capitalization of $490.14 million, a price-to-earnings ratio of 15.91 and a beta of 1.19. Invesco S&P SmallCap Momentum ETF has a one year low of $54.00 and a one year high of $74.38. The stock has a 50-day simple moving average of $69.45 and a 200 day simple moving average of $65.16.

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.