Golden State Wealth Management LLC Buys New Stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Golden State Wealth Management LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 7,902 shares of the company’s stock, valued at approximately $522,000. Golden State Wealth Management LLC owned approximately 0.11% of Invesco S&P SmallCap Momentum ETF as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Glass Jacobson Investment Advisors llc lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 23.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,219 shares of the company’s stock valued at $81,000 after acquiring an additional 230 shares during the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of Invesco S&P SmallCap Momentum ETF in the 3rd quarter worth approximately $114,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Invesco S&P SmallCap Momentum ETF during the 3rd quarter valued at approximately $125,000. Financial Freedom LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF during the 4th quarter valued at $129,000. Finally, FMR LLC lifted its position 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 worth $144,000 after buying an additional 879 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Down 1.4 %

XSMO stock opened at $69.01 on Friday. Invesco S&P SmallCap Momentum ETF has a twelve month low of $55.90 and a twelve month high of $74.38. The stock has a market capitalization of $484.45 million, a price-to-earnings ratio of 15.91 and a beta of 1.19. The firm’s fifty day simple moving average is $68.57 and its two-hundred day simple moving average is $67.01.

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.