Core Wealth Advisors LLC Acquires New Stake in Invesco S&P SmallCap Momentum ETF $XSMO

Core Wealth Advisors LLC purchased a new position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 220,810 shares of the company’s stock, valued at approximately $15,901,000. Invesco S&P SmallCap Momentum ETF makes up 9.7% of Core Wealth Advisors LLC’s holdings, making the stock its 4th biggest position. Core Wealth Advisors LLC owned approximately 0.76% of Invesco S&P SmallCap Momentum ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of XSMO. Capstone Wealth Management Group LLC increased its position in Invesco S&P SmallCap Momentum ETF by 138.0% in the first quarter. Capstone Wealth Management Group LLC now owns 46,666 shares of the company’s stock worth $2,928,000 after buying an additional 27,061 shares in the last quarter. Focus Partners Wealth purchased a new stake in Invesco S&P SmallCap Momentum ETF in the first quarter worth about $539,000. Cerity Partners LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF in the second quarter worth about $818,000. Raymond James Financial Inc. increased its position in Invesco S&P SmallCap Momentum ETF by 154.4% in the second quarter. Raymond James Financial Inc. now owns 1,033,548 shares of the company’s stock worth $70,302,000 after buying an additional 627,318 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Invesco S&P SmallCap Momentum ETF by 7.6% in the second quarter. Ameriprise Financial Inc. now owns 9,414 shares of the company’s stock worth $640,000 after buying an additional 665 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Down 1.1%

Shares of XSMO opened at $88.13 on Friday. The business has a 50-day simple moving average of $82.85 and a two-hundred day simple moving average of $78.11. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 19.29 and a beta of 1.11. Invesco S&P SmallCap Momentum ETF has a 52 week low of $64.87 and a 52 week high of $89.40.

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.