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

Accel Wealth Management increased its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 20.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,793 shares of the company’s stock after buying an additional 3,368 shares during the period. Accel Wealth Management owned 0.28% of Invesco S&P SmallCap Momentum ETF worth $1,309,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of XSMO. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 4th quarter worth about $1,167,000. Mutual Advisors LLC increased its stake in shares of Invesco S&P SmallCap Momentum ETF by 79.8% during the fourth quarter. Mutual Advisors LLC now owns 6,371 shares of the company’s stock valued at $435,000 after purchasing an additional 2,827 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 8.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 118,081 shares of the company’s stock valued at $7,806,000 after purchasing an additional 8,906 shares during the last quarter. Financial Freedom LLC bought a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 4th quarter worth approximately $129,000. Finally, Smart Money Group LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 4th quarter worth approximately $4,101,000.

Invesco S&P SmallCap Momentum ETF Trading Down 0.6 %

Invesco S&P SmallCap Momentum ETF stock opened at $69.31 on Friday. Invesco S&P SmallCap Momentum ETF has a 12 month low of $55.05 and a 12 month high of $74.38. The business’s fifty day simple moving average is $69.10 and its two-hundred day simple moving average is $66.62. The company has a market capitalization of $486.56 million, a price-to-earnings ratio of 15.91 and a beta of 1.19.

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.