Apollon Wealth Management LLC Raises Stock Holdings in Invesco S&P SmallCap Momentum ETF $XSMO

Apollon Wealth Management LLC grew its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 1.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 384,931 shares of the company’s stock after acquiring an additional 6,215 shares during the quarter. Apollon Wealth Management LLC owned about 1.33% of Invesco S&P SmallCap Momentum ETF worth $27,719,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Capstone Wealth Management Group LLC raised its holdings in shares of Invesco S&P SmallCap Momentum ETF by 138.0% in the 1st quarter. Capstone Wealth Management Group LLC now owns 46,666 shares of the company’s stock worth $2,928,000 after purchasing an additional 27,061 shares during the period. Focus Partners Wealth purchased a new position in shares of Invesco S&P SmallCap Momentum ETF in the 1st quarter worth about $539,000. Cerity Partners LLC purchased a new position in shares of Invesco S&P SmallCap Momentum ETF in the 2nd quarter worth about $818,000. Raymond James Financial Inc. raised its holdings in shares of Invesco S&P SmallCap Momentum ETF by 154.4% in the 2nd quarter. Raymond James Financial Inc. now owns 1,033,548 shares of the company’s stock worth $70,302,000 after purchasing an additional 627,318 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of Invesco S&P SmallCap Momentum ETF by 7.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,414 shares of the company’s stock worth $640,000 after purchasing an additional 665 shares during the period.

Invesco S&P SmallCap Momentum ETF Price Performance

Invesco S&P SmallCap Momentum ETF stock opened at $81.76 on Friday. The stock’s 50-day moving average is $78.02 and its 200-day moving average is $75.12. The company has a market cap of $2.47 billion, a price-to-earnings ratio of 19.29 and a beta of 1.06. Invesco S&P SmallCap Momentum ETF has a 12 month low of $56.67 and a 12 month high of $82.44.

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.