Cornerstone Wealth Management LLC Buys Shares of 7,985 Invesco S&P SmallCap Momentum ETF $XSMO

Cornerstone Wealth Management LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,985 shares of the company’s stock, valued at approximately $587,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in XSMO. Beacon Capital Management Inc. purchased a new stake in Invesco S&P SmallCap Momentum ETF during the 2nd quarter valued at $27,000. Harbor Asset Planning Inc. bought a new stake in shares of Invesco S&P SmallCap Momentum ETF in the second quarter worth $40,000. Parkside Financial Bank & Trust purchased a new stake in Invesco S&P SmallCap Momentum ETF during the second quarter valued at $41,000. Godsey & Gibb Inc. bought a new position in Invesco S&P SmallCap Momentum ETF in the third quarter valued at about $57,000. Finally, Whittier Trust Co. bought a new position in Invesco S&P SmallCap Momentum ETF in the second quarter valued at about $61,000.

Invesco S&P SmallCap Momentum ETF Stock Down 0.9%

Invesco S&P SmallCap Momentum ETF stock opened at $76.25 on Monday. Invesco S&P SmallCap Momentum ETF has a 52-week low of $53.89 and a 52-week high of $79.18. The company has a market cap of $2.22 billion, a P/E ratio of 19.29 and a beta of 1.07. The business has a 50-day simple moving average of $74.64 and a two-hundred day simple moving average of $72.65.

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.