GPS Wealth Strategies Group LLC Cuts Position in Invesco S&P SmallCap Momentum ETF $XSMO

GPS Wealth Strategies Group LLC cut its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 74.6% during the fourth quarter, HoldingsChannel reports. The fund owned 21,020 shares of the company’s stock after selling 61,706 shares during the quarter. Invesco S&P SmallCap Momentum ETF comprises about 1.3% of GPS Wealth Strategies Group LLC’s holdings, making the stock its 18th largest position. GPS Wealth Strategies Group LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $1,514,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. High Note Wealth LLC purchased a new position in shares of Invesco S&P SmallCap Momentum ETF in the 4th quarter valued at $33,000. Hazlett Burt & Watson Inc. increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 234.4% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 535 shares of the company’s stock valued at $40,000 after acquiring an additional 375 shares during the period. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at $49,000. Allworth Financial LP increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 350.3% in the 4th quarter. Allworth Financial LP now owns 680 shares of the company’s stock valued at $49,000 after acquiring an additional 529 shares during the period. Finally, Blair William & Co. IL increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 10,957.1% in the 3rd quarter. Blair William & Co. IL now owns 774 shares of the company’s stock valued at $57,000 after acquiring an additional 767 shares during the period.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of XSMO stock opened at $86.06 on Friday. Invesco S&P SmallCap Momentum ETF has a 1-year low of $64.02 and a 1-year high of $88.57. The stock’s fifty day moving average price is $81.57 and its 200 day moving average price is $77.54. The company has a market cap of $2.70 billion, a price-to-earnings ratio of 19.29 and a beta of 1.11.

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.