Invesco S&P SmallCap Momentum ETF $XSMO Position Raised by NBZ Investment Advisors LLC

NBZ Investment Advisors LLC grew its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 7.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 174,528 shares of the company’s stock after purchasing an additional 12,476 shares during the quarter. Invesco S&P SmallCap Momentum ETF comprises approximately 5.5% of NBZ Investment Advisors LLC’s portfolio, making the stock its 9th biggest holding. NBZ Investment Advisors LLC owned 0.60% of Invesco S&P SmallCap Momentum ETF worth $12,568,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its holdings in Invesco S&P SmallCap Momentum ETF by 2.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,617,479 shares of the company’s stock worth $118,998,000 after buying an additional 37,196 shares during the period. Raymond James Financial Inc. grew its stake in Invesco S&P SmallCap Momentum ETF by 28.4% in the 3rd quarter. Raymond James Financial Inc. now owns 1,327,495 shares of the company’s stock valued at $97,664,000 after buying an additional 293,947 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco S&P SmallCap Momentum ETF by 14.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 507,360 shares of the company’s stock valued at $37,327,000 after acquiring an additional 65,755 shares during the period. Gratus Wealth Advisors LLC lifted its position in shares of Invesco S&P SmallCap Momentum ETF by 2.0% during the third quarter. Gratus Wealth Advisors LLC now owns 486,777 shares of the company’s stock worth $35,812,000 after acquiring an additional 9,442 shares in the last quarter. Finally, Bank of America Corp DE lifted its position 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 acquiring an additional 180,532 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

Invesco S&P SmallCap Momentum ETF stock opened at $87.20 on Friday. The firm has a market capitalization of $2.73 billion, a P/E ratio of 19.29 and a beta of 1.11. Invesco S&P SmallCap Momentum ETF has a one year low of $63.65 and a one year high of $88.57. The business has a fifty day moving average price of $80.03 and a 200-day moving average price of $76.59.

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.