Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Shares Purchased by LPL Financial LLC

LPL Financial LLC lifted its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 26.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 1,145,893 shares of the company’s stock after acquiring an additional 242,783 shares during the period. LPL Financial LLC owned 0.16% of Invesco S&P SmallCap Momentum ETF worth $68,811,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XSMO. Wells Fargo & Company MN grew its position in Invesco S&P SmallCap Momentum ETF by 86.0% in the fourth quarter. Wells Fargo & Company MN now owns 278,586 shares of the company’s stock valued at $15,784,000 after acquiring an additional 128,780 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Invesco S&P SmallCap Momentum ETF by 284.3% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 96,256 shares of the company’s stock worth $5,453,000 after purchasing an additional 71,208 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 1,070.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 75,293 shares of the company’s stock worth $4,266,000 after purchasing an additional 68,862 shares during the last quarter. Private Advisor Group LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 55.3% in the second quarter. Private Advisor Group LLC now owns 81,968 shares of the company’s stock valued at $4,922,000 after buying an additional 29,188 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 14.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 196,737 shares of the company’s stock valued at $11,814,000 after buying an additional 25,515 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Up 2.7 %

Shares of NYSEARCA XSMO opened at $64.38 on Friday. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $45.10 and a fifty-two week high of $68.32. The firm’s 50-day simple moving average is $63.55 and its 200 day simple moving average is $60.84. The stock has a market cap of $451.95 million, a P/E ratio of 15.91 and a beta of 1.19.

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.