Sovran Advisors LLC Purchases Shares of 5,438 Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Sovran Advisors LLC bought a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 5,438 shares of the company’s stock, valued at approximately $363,000.

Several other large investors also recently made changes to their positions in XSMO. D Orazio & Associates Inc. bought a new position in Invesco S&P SmallCap Momentum ETF in the fourth quarter worth approximately $239,000. Kingsview Wealth Management LLC acquired a new position in shares of Invesco S&P SmallCap Momentum ETF during the fourth quarter worth approximately $3,870,000. Apollon Wealth Management LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF by 7.9% during the fourth quarter. Apollon Wealth Management LLC now owns 276,895 shares of the company’s stock worth $18,306,000 after purchasing an additional 20,336 shares during the period. Apollon Financial LLC increased its stake in Invesco S&P SmallCap Momentum ETF by 16.2% during the 4th quarter. Apollon Financial LLC now owns 16,917 shares of the company’s stock valued at $1,118,000 after purchasing an additional 2,360 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in Invesco S&P SmallCap Momentum ETF during the 4th quarter valued at $522,000.

Invesco S&P SmallCap Momentum ETF Trading Down 1.2 %

Shares of XSMO stock opened at $67.93 on Thursday. The firm has a market capitalization of $476.87 million, a PE ratio of 15.91 and a beta of 1.19. The firm has a fifty day simple moving average of $68.33 and a two-hundred day simple moving average of $67.09. 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.