ERn Financial LLC Increases Stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

ERn Financial LLC raised its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,226 shares of the company’s stock after acquiring an additional 192 shares during the quarter. ERn Financial LLC owned approximately 0.16% of Invesco S&P SmallCap Momentum ETF worth $742,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC purchased a new position in Invesco S&P SmallCap Momentum ETF in the second quarter valued at $26,000. Glass Jacobson Investment Advisors llc raised its position in shares of Invesco S&P SmallCap Momentum ETF by 23.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,219 shares of the company’s stock worth $81,000 after acquiring an additional 230 shares in the last quarter. Legacy Investment Solutions LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF during the third quarter worth approximately $114,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Invesco S&P SmallCap Momentum ETF in the third quarter valued at approximately $125,000. Finally, FMR LLC increased its stake in Invesco S&P SmallCap Momentum ETF by 68.0% in the third quarter. FMR LLC now owns 2,172 shares of the company’s stock valued at $144,000 after purchasing an additional 879 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Up 1.8 %

XSMO stock opened at $67.96 on Thursday. The company’s 50 day moving average is $69.55 and its two-hundred day moving average is $66.20. Invesco S&P SmallCap Momentum ETF has a twelve month low of $54.00 and a twelve month high of $74.38. The stock has a market cap of $477.08 million, a P/E ratio of 15.91 and a beta of 1.19.

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.