Family Investment Center Inc. Invests $7.92 Million in Invesco S&P SmallCap Momentum ETF $XSMO

Family Investment Center Inc. purchased a new position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 104,162 shares of the company’s stock, valued at approximately $7,918,000. Invesco S&P SmallCap Momentum ETF accounts for about 1.5% of Family Investment Center Inc.’s portfolio, making the stock its 15th largest holding. Family Investment Center Inc. owned approximately 0.34% of Invesco S&P SmallCap Momentum ETF as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Fifth Third Securities Inc. boosted its position in Invesco S&P SmallCap Momentum ETF by 1.3% during the fourth quarter. Fifth Third Securities Inc. now owns 14,155 shares of the company’s stock worth $1,019,000 after purchasing an additional 180 shares in the last quarter. Stonebridge Financial Group LLC MO increased its position in shares of Invesco S&P SmallCap Momentum ETF by 1.5% in the first quarter. Stonebridge Financial Group LLC MO now owns 12,148 shares of the company’s stock valued at $923,000 after buying an additional 182 shares in the last quarter. Mutual Advisors LLC increased its position in shares of Invesco S&P SmallCap Momentum ETF by 4.1% in the fourth quarter. Mutual Advisors LLC now owns 5,016 shares of the company’s stock valued at $361,000 after buying an additional 197 shares in the last quarter. Colonial River Investments LLC raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 2.0% during the 4th quarter. Colonial River Investments LLC now owns 9,965 shares of the company’s stock worth $718,000 after buying an additional 200 shares during the last quarter. Finally, Rehmann Capital Advisory Group raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 6.0% during the 3rd quarter. Rehmann Capital Advisory Group now owns 3,749 shares of the company’s stock worth $276,000 after buying an additional 212 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Up 1.8%

Invesco S&P SmallCap Momentum ETF stock opened at $93.63 on Wednesday. Invesco S&P SmallCap Momentum ETF has a 52 week low of $66.16 and a 52 week high of $93.68. The firm’s 50-day simple moving average is $87.45 and its 200 day simple moving average is $80.78. The firm has a market capitalization of $2.93 billion, a PE ratio of 19.29 and a beta of 1.09.

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.