Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Shares Acquired by Banco Santander S.A.

Banco Santander S.A. increased its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 121.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 50,082 shares of the company’s stock after purchasing an additional 27,509 shares during the period. Banco Santander S.A. owned 0.71% of Invesco S&P SmallCap Momentum ETF worth $3,311,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of Invesco S&P SmallCap Momentum ETF during the fourth quarter worth approximately $30,658,000. Apollon Wealth Management LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at $16,982,000. Thrivent Financial for Lutherans boosted its stake in Invesco S&P SmallCap Momentum ETF by 586.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 161,556 shares of the company’s stock worth $10,693,000 after purchasing an additional 138,037 shares during the period. Smart Money Group LLC purchased a new position in Invesco S&P SmallCap Momentum ETF during the 4th quarter worth $4,101,000. Finally, Kingsview Wealth Management LLC acquired a new position in Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at $3,870,000.

Invesco S&P SmallCap Momentum ETF Stock Performance

Shares of NYSEARCA:XSMO opened at $62.11 on Friday. Invesco S&P SmallCap Momentum ETF has a one year low of $55.99 and a one year high of $74.38. The company has a 50-day simple moving average of $67.17 and a 200-day simple moving average of $67.39. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 17.33 and a beta of 1.10.

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.