Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Shares Sold by Lodestone Wealth Management LLC

Lodestone Wealth Management LLC lessened its holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 7.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,266 shares of the company’s stock after selling 1,606 shares during the period. Lodestone Wealth Management LLC owned about 0.30% of Invesco S&P SmallCap Momentum ETF worth $1,408,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. LPL Financial LLC increased its position in shares of Invesco S&P SmallCap Momentum ETF by 26.9% in the second quarter. LPL Financial LLC now owns 1,145,893 shares of the company’s stock valued at $68,811,000 after buying an additional 242,783 shares in the last quarter. Mainstay Capital Management LLC ADV acquired a new stake in Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at $46,409,000. Marmo Financial Group LLC increased its holdings in Invesco S&P SmallCap Momentum ETF by 139.4% in the 3rd quarter. Marmo Financial Group LLC now owns 268,613 shares of the company’s stock worth $17,779,000 after acquiring an additional 156,422 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Invesco S&P SmallCap Momentum ETF by 6.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 209,318 shares of the company’s stock worth $13,855,000 after acquiring an additional 12,581 shares in the last quarter. Finally, Focus Financial Network Inc. lifted its holdings in Invesco S&P SmallCap Momentum ETF by 2.0% during the third quarter. Focus Financial Network Inc. now owns 204,976 shares of the company’s stock valued at $13,567,000 after purchasing an additional 4,026 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Up 0.1 %

Shares of NYSEARCA XSMO opened at $65.40 on Friday. The firm has a market cap of $459.11 million, a price-to-earnings ratio of 15.91 and a beta of 1.19. The company’s 50-day simple moving average is $65.35 and its 200-day simple moving average is $62.69. Invesco S&P SmallCap Momentum ETF has a 52-week low of $46.83 and a 52-week high of $68.41.

Invesco S&P SmallCap Momentum ETF 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.