Apollon Financial LLC Boosts Position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Apollon Financial LLC increased its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 16.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,917 shares of the company’s stock after purchasing an additional 2,360 shares during the quarter. Apollon Financial LLC owned approximately 0.24% of Invesco S&P SmallCap Momentum ETF worth $1,118,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Glass Jacobson Investment Advisors llc increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 23.3% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,219 shares of the company’s stock valued at $81,000 after purchasing an additional 230 shares during the period. Legacy Investment Solutions LLC acquired a new position in Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at $114,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Invesco S&P SmallCap Momentum ETF in the third quarter worth about $125,000. Financial Freedom LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at approximately $129,000. Finally, FMR LLC boosted 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 valued at $144,000 after acquiring an additional 879 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Down 1.4 %

Shares of NYSEARCA:XSMO opened at $69.01 on Friday. Invesco S&P SmallCap Momentum ETF has a 12-month low of $55.90 and a 12-month high of $74.38. The business has a 50-day moving average price of $68.57 and a 200 day moving average price of $67.01. The company has a market capitalization of $484.45 million, a price-to-earnings ratio of 15.91 and a beta of 1.19.

Invesco S&P SmallCap Momentum ETF Company 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.