Golden State Wealth Management LLC Acquires New Stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Golden State Wealth Management LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,902 shares of the company’s stock, valued at approximately $522,000.

Other hedge funds have also added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc raised its stake in shares of 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 acquiring an additional 230 shares in the last quarter. Legacy Investment Solutions LLC purchased a new position in Invesco S&P SmallCap Momentum ETF during the 3rd quarter worth $114,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Invesco S&P SmallCap Momentum ETF during the 3rd quarter valued at $125,000. Financial Freedom LLC purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the 4th quarter worth $129,000. Finally, FMR LLC grew its position in shares of Invesco S&P SmallCap Momentum ETF by 68.0% during the 3rd quarter. FMR LLC now owns 2,172 shares of the company’s stock worth $144,000 after buying an additional 879 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Down 1.4 %

Shares of Invesco S&P SmallCap Momentum ETF stock opened at $69.01 on Friday. The stock’s fifty day moving average price is $68.57 and its 200-day moving average price is $67.01. The firm has a market cap of $484.45 million, a P/E ratio of 15.91 and a beta of 1.19. Invesco S&P SmallCap Momentum ETF has a 12 month low of $55.90 and a 12 month high of $74.38.

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.