LPL Financial LLC Has $118.65 Million Stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

LPL Financial LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 41.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,794,668 shares of the company’s stock after acquiring an additional 524,443 shares during the quarter. LPL Financial LLC owned about 0.26% of Invesco S&P SmallCap Momentum ETF worth $118,645,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. MGB Wealth Management LLC boosted its position in shares of Invesco S&P SmallCap Momentum ETF by 100.5% during the 4th quarter. MGB Wealth Management LLC now owns 401 shares of the company’s stock valued at $27,000 after purchasing an additional 201 shares in the last quarter. Global Retirement Partners LLC boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 440.2% during the 4th quarter. Global Retirement Partners LLC now owns 443 shares of the company’s stock worth $29,000 after buying an additional 361 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Invesco S&P SmallCap Momentum ETF by 27.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,208 shares of the company’s stock worth $80,000 after buying an additional 258 shares during the period. Glass Jacobson Investment Advisors llc increased 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. Finally, Legacy Investment Solutions LLC acquired a new position in shares of Invesco S&P SmallCap Momentum ETF during the 3rd quarter valued at $114,000.

Invesco S&P SmallCap Momentum ETF Trading Up 2.6 %

NYSEARCA:XSMO opened at $63.54 on Tuesday. Invesco S&P SmallCap Momentum ETF has a 12 month low of $55.99 and a 12 month high of $74.38. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 15.41 and a beta of 1.11. The firm has a fifty day simple moving average of $66.18 and a two-hundred day simple moving average of $67.17.

Invesco S&P SmallCap Momentum ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a dividend of $0.1958 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.