Jones Financial Companies Lllp Buys 24,105 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Jones Financial Companies Lllp increased its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 51.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 71,036 shares of the company’s stock after buying an additional 24,105 shares during the quarter. Jones Financial Companies Lllp’s holdings in Invesco S&P SmallCap Momentum ETF were worth $4,696,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in XSMO. MGB Wealth Management LLC increased its stake in shares of Invesco S&P SmallCap Momentum ETF by 100.5% during the 4th quarter. MGB Wealth Management LLC now owns 401 shares of the company’s stock worth $27,000 after purchasing an additional 201 shares during the last quarter. Global Retirement Partners LLC grew 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 valued at $29,000 after purchasing an additional 361 shares during the period. Glass Jacobson Investment Advisors llc grew 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 valued at $81,000 after purchasing an additional 230 shares during the period. Legacy Investment Solutions LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF in the third quarter worth $114,000. Finally, Financial Freedom LLC bought a new stake in shares of Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at $129,000.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of NYSEARCA XSMO opened at $62.63 on Wednesday. The business’s fifty day moving average price is $67.43 and its 200-day moving average price is $67.44. Invesco S&P SmallCap Momentum ETF has a one year low of $55.99 and a one year high of $74.38. The stock has a market capitalization of $1.39 billion, a PE ratio of 17.33 and a beta of 1.10.

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.