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Institutional investors increased stakes in XSMO, a small-cap momentum ETF, reflecting growing interest in the fund.
Titleist Asset Management LLC increased its stake in the Invesco S&P SmallCap Momentum ETF (XSMO) to 78,203 shares during the second quarter, valuing the investment at about $5.3 million.
Kingsview Wealth Management LLC acquired a new position in XSMO, buying 4,747 shares worth approximately $323,000.
Both firms' moves reflect growing institutional interest in the ETF, which tracks small-cap U.S. stocks based on momentum.
XSMO, launched in 2005, has a market cap of $1.96 billion and trades around $70.17, with a 52-week range of $53.89 to $74.71.
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Los inversores institucionales aumentaron las participaciones en XSMO, un ETF de impulso de pequeña capitalización, reflejando el creciente interés en el fondo.