New Insight Wealth Advisors Acquires 14,409 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

New Insight Wealth Advisors increased its holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 334.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,711 shares of the company’s stock after acquiring an additional 14,409 shares during the quarter. New Insight Wealth Advisors’ holdings in Invesco S&P SmallCap Momentum ETF were worth $1,237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of XSMO. PNC Financial Services Group Inc. boosted its position in Invesco S&P SmallCap Momentum ETF by 27.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,208 shares of the company’s stock worth $80,000 after purchasing an additional 258 shares during the last quarter. Banco Santander S.A. lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 121.9% in the 4th quarter. Banco Santander S.A. now owns 50,082 shares of the company’s stock worth $3,311,000 after purchasing an additional 27,509 shares during the period. One Capital Management LLC boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 20.6% in the fourth quarter. One Capital Management LLC now owns 39,323 shares of the company’s stock worth $2,600,000 after buying an additional 6,711 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Invesco S&P SmallCap Momentum ETF during the fourth quarter valued at approximately $30,658,000. Finally, Cullen Frost Bankers Inc. bought a new stake in Invesco S&P SmallCap Momentum ETF during the fourth quarter valued at approximately $111,000.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA:XSMO opened at $62.11 on Monday. The stock has a 50-day simple moving average of $67.17 and a two-hundred day simple moving average of $67.41. The firm has a market capitalization of $1.38 billion, a PE ratio of 17.33 and a beta of 1.10. Invesco S&P SmallCap Momentum ETF has a 52-week low of $55.99 and a 52-week 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.