Nvest Financial LLC Purchases Shares of 53,916 Invesco S&P SmallCap Momentum ETF $XSMO

Nvest Financial LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 53,916 shares of the company’s stock, valued at approximately $4,099,000. Invesco S&P SmallCap Momentum ETF comprises approximately 1.5% of Nvest Financial LLC’s portfolio, making the stock its 22nd biggest holding. Nvest Financial LLC owned about 0.17% of Invesco S&P SmallCap Momentum ETF at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Fifth Third Securities Inc. grew its holdings in Invesco S&P SmallCap Momentum ETF by 1.3% in the fourth quarter. Fifth Third Securities Inc. now owns 14,155 shares of the company’s stock valued at $1,019,000 after purchasing an additional 180 shares during the period. Stonebridge Financial Group LLC MO raised its stake in Invesco S&P SmallCap Momentum ETF by 1.5% during the first quarter. Stonebridge Financial Group LLC MO now owns 12,148 shares of the company’s stock worth $923,000 after purchasing an additional 182 shares during the period. Mutual Advisors LLC boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 4.1% in the 4th quarter. Mutual Advisors LLC now owns 5,016 shares of the company’s stock valued at $361,000 after purchasing an additional 197 shares during the last quarter. Colonial River Investments LLC boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 2.0% in the 4th quarter. Colonial River Investments LLC now owns 9,965 shares of the company’s stock valued at $718,000 after purchasing an additional 200 shares during the last quarter. Finally, Rehmann Capital Advisory Group grew its stake in shares of Invesco S&P SmallCap Momentum ETF by 6.0% during the 3rd quarter. Rehmann Capital Advisory Group now owns 3,749 shares of the company’s stock valued at $276,000 after buying an additional 212 shares during the period.

Invesco S&P SmallCap Momentum ETF Price Performance

XSMO stock opened at $90.45 on Monday. The company has a market cap of $3.07 billion, a price-to-earnings ratio of 19.29 and a beta of 1.08. The business has a fifty day simple moving average of $87.81 and a 200-day simple moving average of $81.11. Invesco S&P SmallCap Momentum ETF has a 52 week low of $66.16 and a 52 week high of $93.68.

About Invesco S&P SmallCap Momentum ETF

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.