Apollon Wealth Management LLC Raises Position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Apollon Wealth Management LLC lifted its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 7.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 276,895 shares of the company’s stock after purchasing an additional 20,336 shares during the quarter. Apollon Wealth Management LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $18,306,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Glass Jacobson Investment Advisors llc boosted its stake in Invesco S&P SmallCap Momentum ETF by 23.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,219 shares of the company’s stock worth $81,000 after buying an additional 230 shares during the period. Legacy Investment Solutions LLC purchased a new position in shares of Invesco S&P SmallCap Momentum ETF during the 3rd quarter worth about $114,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Invesco S&P SmallCap Momentum ETF during the 3rd quarter valued at about $125,000. Financial Freedom LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF in the 4th quarter worth about $129,000. Finally, FMR LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 68.0% in the third quarter. FMR LLC now owns 2,172 shares of the company’s stock worth $144,000 after purchasing an additional 879 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

XSMO opened at $69.01 on Friday. The stock’s 50 day moving average price is $68.57 and its 200-day moving average price is $67.01. Invesco S&P SmallCap Momentum ETF has a one year low of $55.90 and a one year high of $74.38. The stock has a market cap of $484.45 million, a price-to-earnings ratio of 15.91 and a beta of 1.19.

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.