Accel Wealth Management Takes Position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Accel Wealth Management purchased a new position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 14,855 shares of the company’s stock, valued at approximately $896,000. Accel Wealth Management owned approximately 0.22% of Invesco S&P SmallCap Momentum ETF as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in XSMO. Wells Fargo & Company MN grew its position in Invesco S&P SmallCap Momentum ETF by 86.0% during the fourth quarter. Wells Fargo & Company MN now owns 278,586 shares of the company’s stock worth $15,784,000 after buying an additional 128,780 shares during the period. Armbruster Capital Management Inc. grew its position in Invesco S&P SmallCap Momentum ETF by 1.5% during the fourth quarter. Armbruster Capital Management Inc. now owns 169,930 shares of the company’s stock worth $9,628,000 after buying an additional 2,514 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in Invesco S&P SmallCap Momentum ETF by 284.3% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 96,256 shares of the company’s stock worth $5,453,000 after buying an additional 71,208 shares during the period. Janney Montgomery Scott LLC grew its position in Invesco S&P SmallCap Momentum ETF by 1,070.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 75,293 shares of the company’s stock worth $4,266,000 after buying an additional 68,862 shares during the period. Finally, Theory Financial LLC acquired a new position in Invesco S&P SmallCap Momentum ETF during the fourth quarter worth about $4,017,000.

Invesco S&P SmallCap Momentum ETF Stock Performance

XSMO traded down $0.03 on Thursday, hitting $60.15. 238,802 shares of the company were exchanged, compared to its average volume of 126,921. The business’s fifty day moving average is $60.25 and its 200 day moving average is $58.31. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $45.10 and a fifty-two week high of $62.31. The firm has a market capitalization of $422.26 million, a P/E ratio of 15.91 and a beta of 1.19.

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.