LPL Financial LLC Increases Stake in Invesco S&P SmallCap Momentum ETF $XSMO

LPL Financial LLC grew its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 3.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,171,515 shares of the company’s stock after buying an additional 66,942 shares during the quarter. LPL Financial LLC owned about 0.07% of Invesco S&P SmallCap Momentum ETF worth $156,371,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in XSMO. High Note Wealth LLC purchased a new position in shares of Invesco S&P SmallCap Momentum ETF in the 4th quarter valued at about $33,000. Comprehensive Financial Planning Inc. PA purchased a new stake in Invesco S&P SmallCap Momentum ETF during the third quarter worth approximately $49,000. Allworth Financial LP lifted its stake in Invesco S&P SmallCap Momentum ETF by 350.3% during the fourth quarter. Allworth Financial LP now owns 680 shares of the company’s stock worth $49,000 after purchasing an additional 529 shares during the last quarter. Blair William & Co. IL lifted its stake in Invesco S&P SmallCap Momentum ETF by 10,957.1% during the third quarter. Blair William & Co. IL now owns 774 shares of the company’s stock worth $57,000 after purchasing an additional 767 shares during the last quarter. Finally, Cape Investment Advisory Inc. lifted its stake in Invesco S&P SmallCap Momentum ETF by 35.0% during the third quarter. Cape Investment Advisory Inc. now owns 1,210 shares of the company’s stock worth $89,000 after purchasing an additional 314 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Down 1.4%

XSMO stock opened at $85.37 on Thursday. The business has a 50 day moving average price of $84.72 and a 200 day moving average price of $79.08. The stock has a market cap of $2.68 billion, a price-to-earnings ratio of 19.29 and a beta of 1.09. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $65.31 and a fifty-two week high of $89.40.

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.