Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Shares Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC increased its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 16.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,594 shares of the company’s stock after buying an additional 660 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $288,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in XSMO. Cetera Investment Advisers raised its position in Invesco S&P SmallCap Momentum ETF by 959.1% in the fourth quarter. Cetera Investment Advisers now owns 1,032,219 shares of the company’s stock valued at $68,240,000 after purchasing an additional 934,757 shares during the period. LPL Financial LLC raised its position in Invesco S&P SmallCap Momentum ETF by 41.3% in the fourth quarter. LPL Financial LLC now owns 1,794,668 shares of the company’s stock valued at $118,645,000 after purchasing an additional 524,443 shares during the period. Raymond James Financial Inc. purchased a new stake in Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at approximately $30,658,000. Bank of America Corp DE raised its position in Invesco S&P SmallCap Momentum ETF by 252.3% in the fourth quarter. Bank of America Corp DE now owns 396,771 shares of the company’s stock valued at $26,231,000 after purchasing an additional 284,149 shares during the period. Finally, Wells Fargo & Company MN raised its position in Invesco S&P SmallCap Momentum ETF by 59.3% in the fourth quarter. Wells Fargo & Company MN now owns 636,714 shares of the company’s stock valued at $42,093,000 after purchasing an additional 236,970 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Up 0.7%

Shares of NYSEARCA XSMO opened at $66.23 on Friday. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 19.26 and a beta of 1.06. Invesco S&P SmallCap Momentum ETF has a 52-week low of $53.89 and a 52-week high of $74.38. The business’s 50 day moving average is $64.02 and its two-hundred day moving average is $65.16.

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.