Cullen Frost Bankers Inc. Acquires Shares of 1,677 Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Cullen Frost Bankers Inc. bought a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,677 shares of the company’s stock, valued at approximately $111,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. MGB Wealth Management LLC lifted its position in Invesco S&P SmallCap Momentum ETF by 100.5% in the 4th quarter. MGB Wealth Management LLC now owns 401 shares of the company’s stock worth $27,000 after buying an additional 201 shares in the last quarter. Global Retirement Partners LLC raised its holdings in Invesco S&P SmallCap Momentum ETF by 440.2% during the fourth quarter. Global Retirement Partners LLC now owns 443 shares of the company’s stock valued at $29,000 after buying an additional 361 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its stake in shares of 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 acquiring an additional 230 shares in the last quarter. Legacy Investment Solutions LLC bought a new position in shares of Invesco S&P SmallCap Momentum ETF in the third quarter valued at approximately $114,000. Finally, Financial Freedom LLC bought a new position in Invesco S&P SmallCap Momentum ETF in the 4th quarter worth $129,000.

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 200 day simple moving average of $67.41. Invesco S&P SmallCap Momentum ETF has a twelve month low of $55.99 and a twelve month high of $74.38. The stock has a market capitalization of $1.38 billion, a PE 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.