40,918 Shares in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Acquired by Noble Wealth Management PBC

Noble Wealth Management PBC purchased a new position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 40,918 shares of the company’s stock, valued at approximately $2,705,000. Invesco S&P SmallCap Momentum ETF comprises 1.9% of Noble Wealth Management PBC’s investment portfolio, making the stock its 11th largest holding. Noble Wealth Management PBC owned 0.58% of Invesco S&P SmallCap Momentum ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of XSMO. HighTower Advisors LLC grew its stake in Invesco S&P SmallCap Momentum ETF by 33.9% during the third quarter. HighTower Advisors LLC now owns 6,395 shares of the company’s stock worth $423,000 after buying an additional 1,618 shares during the period. FMR LLC grew its stake in Invesco S&P SmallCap Momentum ETF by 68.0% during the third quarter. FMR LLC now owns 2,172 shares of the company’s stock worth $144,000 after buying an additional 879 shares during the period. Jane Street Group LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF during the third quarter worth approximately $292,000. Janney Montgomery Scott LLC grew its stake in Invesco S&P SmallCap Momentum ETF by 8.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 118,081 shares of the company’s stock worth $7,806,000 after buying an additional 8,906 shares during the period. Finally, Sigma Planning Corp grew its stake in Invesco S&P SmallCap Momentum ETF by 126.1% during the third quarter. Sigma Planning Corp now owns 11,121 shares of the company’s stock worth $736,000 after buying an additional 6,203 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Up 1.2 %

XSMO opened at $65.41 on Friday. Invesco S&P SmallCap Momentum ETF has a 52-week low of $55.99 and a 52-week high of $74.38. The company has a 50 day moving average of $67.56 and a two-hundred day moving average of $67.36. The company has a market cap of $1.46 billion, a P/E ratio of 17.33 and a beta of 1.10.

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.