Invesco S&P SmallCap Momentum ETF $XSMO Shares Bought by Truist Financial Corp

Truist Financial Corp lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 13.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 90,545 shares of the company’s stock after buying an additional 10,996 shares during the period. Truist Financial Corp owned approximately 0.33% of Invesco S&P SmallCap Momentum ETF worth $6,661,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Capstone Wealth Management Group LLC raised its stake in Invesco S&P SmallCap Momentum ETF by 138.0% during the 1st quarter. Capstone Wealth Management Group LLC now owns 46,666 shares of the company’s stock valued at $2,928,000 after acquiring an additional 27,061 shares during the last quarter. Focus Partners Wealth acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the first quarter worth $539,000. Ameritas Advisory Services LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the second quarter worth $511,000. Wealthcare Advisory Partners LLC purchased a new position in Invesco S&P SmallCap Momentum ETF in the 2nd quarter valued at $652,000. Finally, Gratus Wealth Advisors LLC increased its stake in Invesco S&P SmallCap Momentum ETF by 0.4% in the 2nd quarter. Gratus Wealth Advisors LLC now owns 477,335 shares of the company’s stock valued at $32,468,000 after buying an additional 1,953 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Performance

XSMO stock opened at $77.30 on Tuesday. The stock has a market capitalization of $2.25 billion, a PE ratio of 19.29 and a beta of 1.07. The company has a fifty day moving average of $74.76 and a 200-day moving average of $72.71. Invesco S&P SmallCap Momentum ETF has a one year low of $53.89 and a one year high of $79.18.

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.