Meridian Wealth Management LLC Increases Position in Invesco S&P SmallCap Momentum ETF $XSMO

Meridian Wealth Management LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 5.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,849 shares of the company’s stock after acquiring an additional 5,275 shares during the period. Meridian Wealth Management LLC owned approximately 0.44% of Invesco S&P SmallCap Momentum ETF worth $7,540,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Capstone Wealth Management Group LLC grew its holdings 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 worth $2,928,000 after acquiring an additional 27,061 shares in the last quarter. Sigma Planning Corp boosted its stake in shares of Invesco S&P SmallCap Momentum ETF by 16.0% during the first quarter. Sigma Planning Corp now owns 15,985 shares of the company’s stock valued at $1,003,000 after purchasing an additional 2,210 shares in the last quarter. Calton & Associates Inc. purchased a new position in Invesco S&P SmallCap Momentum ETF during the first quarter valued at approximately $168,000. Peterson Wealth Services bought a new stake in Invesco S&P SmallCap Momentum ETF during the 1st quarter valued at $420,000. Finally, PFG Advisors increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 1.4% in the 1st quarter. PFG Advisors now owns 27,332 shares of the company’s stock valued at $1,715,000 after acquiring an additional 383 shares during the period.

Invesco S&P SmallCap Momentum ETF Trading Up 0.1%

XSMO opened at $70.93 on Friday. Invesco S&P SmallCap Momentum ETF has a 12-month low of $53.89 and a 12-month high of $74.71. The firm has a 50 day moving average of $72.82 and a two-hundred day moving average of $69.57. The firm has a market capitalization of $1.98 billion, a PE ratio of 19.29 and a beta of 1.07.

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.