Marmo Financial Group LLC Sells 222,681 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Marmo Financial Group LLC trimmed its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 79.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,993 shares of the company’s stock after selling 222,681 shares during the period. Invesco S&P SmallCap Momentum ETF comprises about 2.1% of Marmo Financial Group LLC’s portfolio, making the stock its 14th largest position. Marmo Financial Group LLC owned about 0.21% of Invesco S&P SmallCap Momentum ETF worth $4,340,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Kingswood Wealth Advisors LLC boosted its position in shares of Invesco S&P SmallCap Momentum ETF by 12.5% during the third quarter. Kingswood Wealth Advisors LLC now owns 26,848 shares of the company’s stock worth $1,975,000 after buying an additional 2,976 shares during the period. Investmark Advisory Group LLC raised its position in Invesco S&P SmallCap Momentum ETF by 4.8% in the 3rd quarter. Investmark Advisory Group LLC now owns 7,313 shares of the company’s stock valued at $538,000 after buying an additional 336 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 31.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 210,370 shares of the company’s stock valued at $15,477,000 after acquiring an additional 50,497 shares in the last quarter. Global Retirement Partners LLC boosted its position in Invesco S&P SmallCap Momentum ETF by 924.8% during the 3rd quarter. Global Retirement Partners LLC now owns 4,909 shares of the company’s stock worth $361,000 after acquiring an additional 4,430 shares during the last quarter. Finally, Unique Wealth LLC boosted its position in Invesco S&P SmallCap Momentum ETF by 36.9% during the 3rd quarter. Unique Wealth LLC now owns 11,312 shares of the company’s stock worth $832,000 after acquiring an additional 3,047 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Up 1.1%

NYSEARCA XSMO opened at $74.93 on Friday. Invesco S&P SmallCap Momentum ETF has a 12-month low of $53.89 and a 12-month high of $75.93. The company has a market capitalization of $2.14 billion, a PE ratio of 19.29 and a beta of 1.07. The firm’s 50 day moving average is $72.92 and its 200-day moving average is $71.75.

Invesco S&P SmallCap Momentum ETF 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.