UBS Group AG Boosts Holdings in Invesco S&P SmallCap Momentum ETF $XSMO

UBS Group AG lifted its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 196.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,543 shares of the company’s stock after buying an additional 20,252 shares during the period. UBS Group AG owned approximately 0.11% of Invesco S&P SmallCap Momentum ETF worth $2,199,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its position in shares of Invesco S&P SmallCap Momentum ETF by 2.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,617,479 shares of the company’s stock valued at $118,998,000 after buying an additional 37,196 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of Invesco S&P SmallCap Momentum ETF by 28.4% in the 3rd quarter. Raymond James Financial Inc. now owns 1,327,495 shares of the company’s stock valued at $97,664,000 after buying an additional 293,947 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P SmallCap Momentum ETF by 14.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 507,360 shares of the company’s stock valued at $37,327,000 after buying an additional 65,755 shares during the last quarter. Bank of America Corp DE grew its position in shares of Invesco S&P SmallCap Momentum ETF by 68.6% in the 3rd quarter. Bank of America Corp DE now owns 443,833 shares of the company’s stock valued at $32,653,000 after buying an additional 180,532 shares during the last quarter. Finally, CWM LLC boosted its stake in Invesco S&P SmallCap Momentum ETF by 21.1% during the 4th quarter. CWM LLC now owns 413,528 shares of the company’s stock worth $29,778,000 after purchasing an additional 71,969 shares during the period.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of NYSEARCA:XSMO opened at $89.21 on Thursday. The stock has a market cap of $2.80 billion, a P/E ratio of 19.29 and a beta of 1.11. The firm has a fifty day moving average price of $82.33 and a 200 day moving average price of $77.92. Invesco S&P SmallCap Momentum ETF has a 1-year low of $64.87 and a 1-year high of $89.37.

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.