Fortune Financial Group Inc. Invests $691,000 in Invesco S&P SmallCap Momentum ETF $XSMO

Fortune Financial Group Inc. bought a new position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 9,594 shares of the company’s stock, valued at approximately $691,000.

A number of other large investors have also recently made changes to their positions in the business. LPL Financial LLC increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 3.2% in the 4th quarter. LPL Financial LLC now owns 2,171,515 shares of the company’s stock worth $156,371,000 after buying an additional 66,942 shares during the last quarter. Raymond James Financial Inc. increased its holdings 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 worth $97,664,000 after buying an additional 293,947 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 14.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 581,644 shares of the company’s stock worth $41,884,000 after buying an additional 74,284 shares during the last quarter. Gratus Wealth Advisors LLC increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 0.8% in the 4th quarter. Gratus Wealth Advisors LLC now owns 490,887 shares of the company’s stock worth $35,349,000 after buying an additional 4,110 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings 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 worth $32,653,000 after buying an additional 180,532 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Down 1.4%

Invesco S&P SmallCap Momentum ETF stock opened at $85.37 on Thursday. The company’s 50-day moving average price is $84.72 and its 200-day moving average price is $79.08. Invesco S&P SmallCap Momentum ETF has a twelve month low of $65.31 and a twelve month high of $89.40. The company has a market cap of $2.68 billion, a PE ratio of 19.29 and a beta of 1.09.

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.