Titleist Asset Management LLC Buys 10,603 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Titleist Asset Management LLC boosted its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 16.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,129 shares of the company’s stock after buying an additional 10,603 shares during the quarter. Titleist Asset Management LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $4,901,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the business. HighTower Advisors LLC boosted its holdings in Invesco S&P SmallCap Momentum ETF by 33.9% in the third quarter. HighTower Advisors LLC now owns 6,395 shares of the company’s stock valued at $423,000 after acquiring an additional 1,618 shares in the last quarter. FMR LLC increased its position 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 valued at $144,000 after acquiring an additional 879 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Invesco S&P SmallCap Momentum ETF during the third quarter valued at $292,000. Janney Montgomery Scott LLC boosted its position in shares of Invesco S&P SmallCap Momentum ETF by 8.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 118,081 shares of the company’s stock valued at $7,806,000 after buying an additional 8,906 shares during the last quarter. Finally, Atria Investments Inc grew its stake in shares of Invesco S&P SmallCap Momentum ETF by 8.5% in the fourth quarter. Atria Investments Inc now owns 17,850 shares of the company’s stock worth $1,180,000 after acquiring an additional 1,404 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Performance

Shares of NYSEARCA:XSMO opened at $56.77 on Friday. The stock’s 50-day simple moving average is $64.89 and its two-hundred day simple moving average is $67.06. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 15.65 and a beta of 1.11. Invesco S&P SmallCap Momentum ETF has a 52-week low of $55.31 and a 52-week high of $74.38.

Invesco S&P SmallCap Momentum ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.1958 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.