BNP Paribas Financial Markets Grows Position in Invesco S&P SmallCap Momentum ETF $XSMO

BNP Paribas Financial Markets raised its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 272.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 261,000 shares of the company’s stock after buying an additional 190,985 shares during the quarter. BNP Paribas Financial Markets owned about 0.90% of Invesco S&P SmallCap Momentum ETF worth $18,795,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of XSMO. Raymond James Financial Inc. grew its holdings in shares of Invesco S&P SmallCap Momentum ETF by 154.4% during 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. Thrivent Financial for Lutherans purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF during the fourth quarter worth $17,019,000. Bank of America Corp DE grew its holdings in shares of Invesco S&P SmallCap Momentum ETF by 68.6% during the third quarter. Bank of America Corp DE now owns 443,833 shares of the company’s stock worth $32,653,000 after buying an additional 180,532 shares in the last quarter. HighTower Advisors LLC grew its holdings in shares of Invesco S&P SmallCap Momentum ETF by 293.3% during the fourth quarter. HighTower Advisors LLC now owns 223,166 shares of the company’s stock worth $16,070,000 after buying an additional 166,427 shares in the last quarter. Finally, Great Valley Advisor Group Inc. purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF during the second quarter worth $8,159,000.

Invesco S&P SmallCap Momentum ETF Stock Down 3.0%

Invesco S&P SmallCap Momentum ETF stock opened at $86.09 on Friday. Invesco S&P SmallCap Momentum ETF has a 52-week low of $65.31 and a 52-week high of $89.40. The firm has a market capitalization of $2.70 billion, a price-to-earnings ratio of 19.29 and a beta of 1.09. The company has a fifty day simple moving average of $84.03 and a 200-day simple moving average of $78.66.

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.