Core Wealth Advisors LLC Purchases New Position in Invesco S&P SmallCap Momentum ETF $XSMO

Core Wealth Advisors LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 220,810 shares of the company’s stock, valued at approximately $15,901,000. Invesco S&P SmallCap Momentum ETF comprises approximately 9.7% of Core Wealth Advisors LLC’s holdings, making the stock its 4th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 272.8% in the 4th quarter. BNP Paribas Financial Markets now owns 261,000 shares of the company’s stock valued at $18,795,000 after purchasing an additional 190,985 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 14.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 581,644 shares of the company’s stock valued at $41,884,000 after purchasing an additional 74,284 shares during the last quarter. Thoroughbred Financial Services LLC lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 9.7% in the 4th quarter. Thoroughbred Financial Services LLC now owns 50,242 shares of the company’s stock valued at $3,617,000 after purchasing an additional 4,462 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 42.8% in the 4th quarter. Kingsview Wealth Management LLC now owns 106,667 shares of the company’s stock valued at $7,681,000 after purchasing an additional 31,978 shares during the last quarter. Finally, Seaview Investment Managers LLC lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 270.3% in the 4th quarter. Seaview Investment Managers LLC now owns 58,567 shares of the company’s stock valued at $4,217,000 after purchasing an additional 42,750 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

NYSEARCA:XSMO opened at $88.13 on Friday. The firm has a market capitalization of $2.76 billion, a price-to-earnings ratio of 19.29 and a beta of 1.11. Invesco S&P SmallCap Momentum ETF has a 1 year low of $64.87 and a 1 year high of $89.40. The business has a 50 day simple moving average of $82.85 and a 200-day simple moving average of $78.11.

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.