NBZ Investment Advisors LLC Increases Stake in Invesco S&P SmallCap Momentum ETF $XSMO

NBZ Investment Advisors LLC lifted its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 7.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 174,528 shares of the company’s stock after purchasing an additional 12,476 shares during the period. Invesco S&P SmallCap Momentum ETF comprises approximately 5.5% of NBZ Investment Advisors LLC’s holdings, making the stock its 9th biggest holding. NBZ Investment Advisors LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $12,568,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Signature Estate & Investment Advisors LLC increased its holdings in Invesco S&P SmallCap Momentum ETF by 3.6% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 4,416 shares of the company’s stock worth $325,000 after acquiring an additional 154 shares during the period. Glass Jacobson Investment Advisors llc boosted its holdings in Invesco S&P SmallCap Momentum ETF by 18.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,059 shares of the company’s stock valued at $78,000 after purchasing an additional 165 shares during the period. Clear Creek Financial Management LLC boosted its holdings in Invesco S&P SmallCap Momentum ETF by 3.9% in the 3rd quarter. Clear Creek Financial Management LLC now owns 4,799 shares of the company’s stock valued at $353,000 after purchasing an additional 180 shares during the period. Fifth Third Securities Inc. grew its position in shares of Invesco S&P SmallCap Momentum ETF by 1.3% during the 4th quarter. Fifth Third Securities Inc. now owns 14,155 shares of the company’s stock valued at $1,019,000 after purchasing an additional 180 shares in the last quarter. Finally, Mutual Advisors LLC grew its position in shares of Invesco S&P SmallCap Momentum ETF by 4.1% during the 4th quarter. Mutual Advisors LLC now owns 5,016 shares of the company’s stock valued at $361,000 after purchasing an additional 197 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

Invesco S&P SmallCap Momentum ETF stock opened at $87.20 on Friday. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $63.65 and a fifty-two week high of $88.57. The stock has a market cap of $2.73 billion, a P/E ratio of 19.29 and a beta of 1.11. The firm’s fifty day moving average price is $80.03 and its 200-day moving average price is $76.59.

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.