Redhawk Wealth Advisors Inc. Grows Stock Position in Invesco S&P SmallCap Momentum ETF $XSMO

Redhawk Wealth Advisors Inc. raised its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 79.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,759 shares of the company’s stock after buying an additional 27,816 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Invesco S&P SmallCap Momentum ETF were worth $4,519,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Beacon Capital Management Inc. bought a new position in shares of Invesco S&P SmallCap Momentum ETF during the 2nd quarter worth $27,000. Hazlett Burt & Watson Inc. increased its holdings in 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 worth $40,000 after acquiring an additional 375 shares during the last quarter. Comprehensive Financial Planning Inc. PA bought a new stake in Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at about $49,000. Godsey & Gibb Inc. bought a new stake in Invesco S&P SmallCap Momentum ETF in the 3rd quarter valued at about $57,000. Finally, Blair William & Co. IL lifted its holdings in Invesco S&P SmallCap Momentum ETF by 10,957.1% during the third quarter. Blair William & Co. IL now owns 774 shares of the company’s stock valued at $57,000 after purchasing an additional 767 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Down 1.1%

Shares of NYSEARCA:XSMO opened at $75.00 on Friday. The firm has a market capitalization of $2.18 billion, a PE ratio of 19.29 and a beta of 1.07. Invesco S&P SmallCap Momentum ETF has a twelve month low of $53.89 and a twelve month high of $81.36. The company has a 50-day moving average price of $77.77 and a two-hundred day moving average price of $74.77.

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.