JBR Co Financial Management Inc Has $1.23 Million Position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

JBR Co Financial Management Inc increased its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 108.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,656 shares of the company’s stock after purchasing an additional 9,716 shares during the quarter. JBR Co Financial Management Inc’s holdings in Invesco S&P SmallCap Momentum ETF were worth $1,233,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in XSMO. Raymond James & Associates lifted its stake in Invesco S&P SmallCap Momentum ETF by 62.6% in the third quarter. Raymond James & Associates now owns 125,724 shares of the company’s stock valued at $8,322,000 after acquiring an additional 48,386 shares during the last quarter. Private Advisor Group LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 18.2% in the third quarter. Private Advisor Group LLC now owns 96,923 shares of the company’s stock valued at $6,415,000 after acquiring an additional 14,955 shares during the last quarter. Arkadios Wealth Advisors acquired a new stake in Invesco S&P SmallCap Momentum ETF in the third quarter valued at approximately $603,000. Consolidated Portfolio Review Corp acquired a new stake in Invesco S&P SmallCap Momentum ETF in the third quarter valued at approximately $417,000. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 6.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 209,318 shares of the company’s stock valued at $13,855,000 after acquiring an additional 12,581 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Down 2.9 %

NYSEARCA XSMO opened at $65.20 on Friday. The stock has a market capitalization of $457.70 million, a PE ratio of 15.91 and a beta of 1.19. The company has a 50 day moving average price of $67.82 and a two-hundred day moving average price of $67.28. Invesco S&P SmallCap Momentum ETF has a 12-month low of $55.99 and a 12-month high of $74.38.

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.