PNC Financial Services Group Inc. Has $80,000 Stock Position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

PNC Financial Services Group Inc. boosted its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 27.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,208 shares of the company’s stock after buying an additional 258 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Invesco S&P SmallCap Momentum ETF were worth $80,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Banco Santander S.A. raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 121.9% during the 4th quarter. Banco Santander S.A. now owns 50,082 shares of the company’s stock worth $3,311,000 after purchasing an additional 27,509 shares in the last quarter. One Capital Management LLC raised its position in Invesco S&P SmallCap Momentum ETF by 20.6% during the fourth quarter. One Capital Management LLC now owns 39,323 shares of the company’s stock worth $2,600,000 after acquiring an additional 6,711 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Invesco S&P SmallCap Momentum ETF during the fourth quarter worth $30,658,000. Cullen Frost Bankers Inc. acquired a new stake in Invesco S&P SmallCap Momentum ETF in the fourth quarter valued at $111,000. Finally, Vantage Financial Partners LLC grew its position in shares of Invesco S&P SmallCap Momentum ETF by 27.2% in the 4th quarter. Vantage Financial Partners LLC now owns 16,177 shares of the company’s stock valued at $1,069,000 after acquiring an additional 3,456 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Performance

Shares of XSMO stock opened at $63.50 on Wednesday. Invesco S&P SmallCap Momentum ETF has a 52-week low of $55.99 and a 52-week high of $74.38. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 15.41 and a beta of 1.11. The firm’s 50-day moving average is $66.12 and its 200-day moving average is $67.18.

Invesco S&P SmallCap Momentum ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be paid a $0.1958 dividend. The ex-dividend date of this dividend is Monday, March 24th.

Invesco S&P SmallCap Momentum ETF Company 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.