Solutions 4 Wealth Ltd Makes New $550,000 Investment in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Solutions 4 Wealth Ltd bought a new position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 9,707 shares of the company’s stock, valued at approximately $550,000. Invesco S&P SmallCap Momentum ETF accounts for approximately 1.8% of Solutions 4 Wealth Ltd’s investment portfolio, making the stock its 16th largest holding. Solutions 4 Wealth Ltd owned 0.29% of Invesco S&P SmallCap Momentum ETF as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of XSMO. Commonwealth Equity Services LLC boosted its position in shares of Invesco S&P SmallCap Momentum ETF by 4.6% during the third quarter. Commonwealth Equity Services LLC now owns 67,579 shares of the company’s stock valued at $3,278,000 after purchasing an additional 3,001 shares in the last quarter. Raymond James & Associates boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 1.9% during the 3rd quarter. Raymond James & Associates now owns 18,993 shares of the company’s stock valued at $921,000 after buying an additional 348 shares in the last quarter. Private Advisor Group LLC grew its position in shares of Invesco S&P SmallCap Momentum ETF by 7.2% in the 3rd quarter. Private Advisor Group LLC now owns 31,027 shares of the company’s stock worth $1,505,000 after buying an additional 2,077 shares during the period. LPL Financial LLC increased its stake in shares of Invesco S&P SmallCap Momentum ETF by 3.7% in the 3rd quarter. LPL Financial LLC now owns 496,426 shares of the company’s stock worth $24,081,000 after acquiring an additional 17,642 shares in the last quarter. Finally, American Trust lifted its position in Invesco S&P SmallCap Momentum ETF by 1.5% during the 3rd quarter. American Trust now owns 16,824 shares of the company’s stock valued at $816,000 after acquiring an additional 246 shares during the period.

Invesco S&P SmallCap Momentum ETF Trading Up 1.9 %

XSMO traded up $1.08 during midday trading on Thursday, reaching $58.91. The company’s stock had a trading volume of 74,283 shares, compared to its average volume of 61,809. Invesco S&P SmallCap Momentum ETF has a 1 year low of $43.21 and a 1 year high of $60.74. The stock’s 50-day moving average is $58.34 and its 200-day moving average is $54.82. The firm has a market capitalization of $413.55 million, a price-to-earnings ratio of 15.91 and a beta of 1.19.

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.