USAdvisors Wealth Management LLC Purchases 50,535 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

USAdvisors Wealth Management LLC raised its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 253.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 70,486 shares of the company’s stock after acquiring an additional 50,535 shares during the period. Invesco S&P SmallCap Momentum ETF comprises approximately 1.5% of USAdvisors Wealth Management LLC’s portfolio, making the stock its 22nd biggest holding. USAdvisors Wealth Management LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $4,659,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in XSMO. Glass Jacobson Investment Advisors llc grew its holdings in shares of Invesco S&P SmallCap Momentum ETF by 23.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,219 shares of the company’s stock valued at $81,000 after purchasing an additional 230 shares during the last quarter. Legacy Investment Solutions LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF during the third quarter valued at about $114,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Invesco S&P SmallCap Momentum ETF during the third quarter valued at about $125,000. Financial Freedom LLC purchased a new position in shares of Invesco S&P SmallCap Momentum ETF in the fourth quarter worth about $129,000. Finally, FMR LLC lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 68.0% in the 3rd quarter. FMR LLC now owns 2,172 shares of the company’s stock valued at $144,000 after acquiring an additional 879 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of XSMO stock opened at $69.17 on Thursday. The business has a 50-day moving average of $69.02 and a 200 day moving average of $66.80. The stock has a market capitalization of $485.57 million, a PE ratio of 15.91 and a beta of 1.19. Invesco S&P SmallCap Momentum ETF has a 1-year low of $55.05 and a 1-year high of $74.38.

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.