Independent Advisor Alliance Acquires Shares of 40,776 Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Independent Advisor Alliance acquired a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 40,776 shares of the company’s stock, valued at approximately $2,696,000. Independent Advisor Alliance owned approximately 0.58% of Invesco S&P SmallCap Momentum ETF at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in XSMO. Sigma Planning Corp lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 126.1% in the third quarter. Sigma Planning Corp now owns 11,121 shares of the company’s stock valued at $736,000 after buying an additional 6,203 shares in the last quarter. Harbour Investments Inc. lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 247,316.7% in the third quarter. Harbour Investments Inc. now owns 14,845 shares of the company’s stock valued at $983,000 after buying an additional 14,839 shares in the last quarter. Comprehensive Wealth Management LLC lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 2.3% in the third quarter. Comprehensive Wealth Management LLC now owns 10,455 shares of the company’s stock valued at $692,000 after buying an additional 240 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 586.9% in the third quarter. Thrivent Financial for Lutherans now owns 161,556 shares of the company’s stock valued at $10,693,000 after buying an additional 138,037 shares in the last quarter. Finally, Lowery Thomas LLC lifted its position in shares of Invesco S&P SmallCap Momentum ETF by 7.0% during the third quarter. Lowery Thomas LLC now owns 16,796 shares of the company’s stock valued at $1,112,000 after purchasing an additional 1,099 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

XSMO opened at $61.01 on Thursday. The company’s 50-day moving average is $66.86 and its 200 day moving average is $67.31. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $55.99 and a fifty-two week high of $74.38. The firm has a market capitalization of $1.36 billion, a P/E ratio of 17.33 and a beta of 1.10.

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.