Marshall Investment Management LLC Invests $2.23 Million in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Marshall Investment Management LLC acquired a new position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 33,609 shares of the company’s stock, valued at approximately $2,225,000. Marshall Investment Management LLC owned 0.48% of Invesco S&P SmallCap Momentum ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MGB Wealth Management LLC raised its holdings in Invesco S&P SmallCap Momentum ETF by 100.5% during the fourth quarter. MGB Wealth Management LLC now owns 401 shares of the company’s stock worth $27,000 after purchasing an additional 201 shares in the last quarter. Global Retirement Partners LLC raised its holdings in Invesco S&P SmallCap Momentum ETF by 440.2% during the fourth quarter. Global Retirement Partners LLC now owns 443 shares of the company’s stock worth $29,000 after purchasing an additional 361 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its holdings in Invesco S&P SmallCap Momentum ETF by 23.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,219 shares of the company’s stock worth $81,000 after purchasing an additional 230 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in Invesco S&P SmallCap Momentum ETF during the third quarter worth approximately $114,000. Finally, Financial Freedom LLC bought a new stake in Invesco S&P SmallCap Momentum ETF during the fourth quarter worth approximately $129,000.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of NYSEARCA:XSMO opened at $65.20 on Friday. Invesco S&P SmallCap Momentum ETF has a 12 month low of $55.99 and a 12 month high of $74.38. The stock has a market cap of $457.70 million, a price-to-earnings ratio of 15.91 and a beta of 1.19. The stock’s 50 day moving average price is $67.82 and its 200 day moving average price is $67.28.

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.