Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) by 14.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 581,644 shares of the company’s stock after acquiring an additional 74,284 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 2.00% of Invesco S&P SmallCap Momentum ETF worth $41,884,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 2.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,617,479 shares of the company’s stock valued at $118,998,000 after acquiring an additional 37,196 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 28.4% during the 3rd quarter. Raymond James Financial Inc. now owns 1,327,495 shares of the company’s stock valued at $97,664,000 after acquiring an additional 293,947 shares during the last quarter. Gratus Wealth Advisors LLC boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 0.8% during the 4th quarter. Gratus Wealth Advisors LLC now owns 490,887 shares of the company’s stock valued at $35,349,000 after acquiring an additional 4,110 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 68.6% during the 3rd quarter. Bank of America Corp DE now owns 443,833 shares of the company’s stock valued at $32,653,000 after acquiring an additional 180,532 shares during the last quarter. Finally, CWM LLC boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 21.1% during the 4th quarter. CWM LLC now owns 413,528 shares of the company’s stock valued at $29,778,000 after acquiring an additional 71,969 shares during the last quarter.
Invesco S&P SmallCap Momentum ETF Stock Down 1.1%
Shares of NYSEARCA XSMO opened at $88.13 on Friday. The firm’s 50-day moving average price is $82.85 and its 200-day moving average price is $78.11. The company has a market cap of $2.76 billion, a PE ratio of 19.29 and a beta of 1.11. Invesco S&P SmallCap Momentum ETF has a 52-week low of $64.87 and a 52-week high of $89.40.
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.
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