Principal Securities Inc. Has $1.46 Million Stock Holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Principal Securities Inc. boosted its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 126.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 22,137 shares of the company’s stock after buying an additional 12,368 shares during the period. Principal Securities Inc. owned approximately 0.32% of Invesco S&P SmallCap Momentum ETF worth $1,463,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of XSMO. MGB Wealth Management LLC boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 100.5% during the fourth quarter. MGB Wealth Management LLC now owns 401 shares of the company’s stock worth $27,000 after acquiring an additional 201 shares during the period. Glass Jacobson Investment Advisors llc boosted its stake in Invesco S&P SmallCap Momentum ETF by 23.3% in the 3rd 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. Financial Freedom LLC bought a new position in Invesco S&P SmallCap Momentum ETF during the 4th quarter worth $129,000. Finally, FMR LLC lifted its holdings in shares of 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 in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

XSMO stock opened at $68.65 on Wednesday. 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 market capitalization of $481.92 million, a PE ratio of 15.91 and a beta of 1.19. The company’s 50-day simple moving average is $68.06 and its 200 day simple moving average is $67.15.

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.