Invesco S&P SmallCap Momentum ETF $XSMO Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC trimmed its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 3.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 217,165 shares of the company’s stock after selling 7,832 shares during the quarter. Modern Wealth Management LLC owned 0.69% of Invesco S&P SmallCap Momentum ETF worth $16,713,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. GHP Investment Advisors Inc. acquired a new position in Invesco S&P SmallCap Momentum ETF during the first quarter valued at approximately $29,000. Your Advocates Ltd. LLP purchased a new stake in Invesco S&P SmallCap Momentum ETF during the first quarter worth approximately $32,000. High Note Wealth LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the fourth quarter worth $33,000. Allworth Financial LP increased its position in shares of Invesco S&P SmallCap Momentum ETF by 350.3% in the fourth quarter. Allworth Financial LP now owns 680 shares of the company’s stock worth $49,000 after acquiring an additional 529 shares in the last quarter. Finally, Blair William & Co. IL increased its position in shares of Invesco S&P SmallCap Momentum ETF by 10,957.1% in the third quarter. Blair William & Co. IL now owns 774 shares of the company’s stock worth $57,000 after acquiring an additional 767 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Down 0.1%

Shares of XSMO stock opened at $88.20 on Friday. The company has a market cap of $3.05 billion, a PE ratio of 19.29 and a beta of 1.08. The company’s fifty day simple moving average is $88.44 and its 200-day simple moving average is $82.58. Invesco S&P SmallCap Momentum ETF has a 52 week low of $66.16 and a 52 week high of $93.68.

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.