Focus Financial Network Inc. Lowers Stock Holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Focus Financial Network Inc. cut its holdings in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 0.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 203,782 shares of the company’s stock after selling 1,194 shares during the quarter. Focus Financial Network Inc.’s holdings in Invesco S&P SmallCap Momentum ETF were worth $13,472,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. D Orazio & Associates Inc. acquired a new position in Invesco S&P SmallCap Momentum ETF during the fourth quarter worth $239,000. Kingsview Wealth Management LLC purchased a new position in Invesco S&P SmallCap Momentum ETF in the 4th quarter valued at about $3,870,000. Apollon Wealth Management LLC boosted its holdings in Invesco S&P SmallCap Momentum ETF by 7.9% in the 4th quarter. Apollon Wealth Management LLC now owns 276,895 shares of the company’s stock worth $18,306,000 after buying an additional 20,336 shares during the last quarter. Apollon Financial LLC increased its stake in Invesco S&P SmallCap Momentum ETF by 16.2% during the 4th quarter. Apollon Financial LLC now owns 16,917 shares of the company’s stock worth $1,118,000 after buying an additional 2,360 shares in the last quarter. Finally, Golden State Wealth Management LLC acquired a new position in shares of Invesco S&P SmallCap Momentum ETF during the fourth quarter valued at approximately $522,000.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of NYSEARCA:XSMO opened at $68.93 on Tuesday. The business’s 50 day moving average price is $68.49 and its 200-day moving average price is $67.06. Invesco S&P SmallCap Momentum ETF has a 1 year low of $55.99 and a 1 year high of $74.38. The firm has a market capitalization of $483.89 million, a PE ratio of 15.91 and a beta of 1.19.

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.