Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Stake Raised by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. boosted its holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 15.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 103,569 shares of the company’s stock after acquiring an additional 14,074 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 1.48% of Invesco S&P SmallCap Momentum ETF worth $6,847,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MGB Wealth Management LLC raised its position in Invesco S&P SmallCap Momentum ETF by 100.5% in the fourth quarter. MGB Wealth Management LLC now owns 401 shares of the company’s stock worth $27,000 after acquiring an additional 201 shares in the last quarter. Global Retirement Partners LLC lifted its stake 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 buying an additional 361 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Invesco S&P SmallCap Momentum ETF by 27.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,208 shares of the company’s stock valued at $80,000 after buying an additional 258 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its stake 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 buying an additional 230 shares in the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new stake in Invesco S&P SmallCap Momentum ETF during the fourth quarter valued at about $111,000.

Invesco S&P SmallCap Momentum ETF Trading Up 0.7 %

XSMO stock opened at $61.95 on Tuesday. Invesco S&P SmallCap Momentum ETF has a one year low of $55.99 and a one year high of $74.38. The firm has a market capitalization of $1.40 billion, a PE ratio of 15.41 and a beta of 1.11. The firm has a 50-day moving average of $66.53 and a two-hundred day moving average of $67.23.

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.