Invesco S&P SmallCap Momentum ETF $XSMO Stock Holdings Raised by Sound Income Strategies LLC

Sound Income Strategies LLC grew its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 9.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 191,886 shares of the company’s stock after acquiring an additional 16,641 shares during the quarter. Sound Income Strategies LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $15,598,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of XSMO. Markowski Investments acquired a new position in shares of Invesco S&P SmallCap Momentum ETF in the 2nd quarter valued at $18,314,000. Family Investment Center Inc. acquired a new stake in Invesco S&P SmallCap Momentum ETF during the 1st quarter worth $7,918,000. Kinetic Wealth Investment Advisors LLC purchased a new position in Invesco S&P SmallCap Momentum ETF during the 2nd quarter worth $6,577,000. Envestnet Asset Management Inc. grew its position in Invesco S&P SmallCap Momentum ETF by 4.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,785,627 shares of the company’s stock worth $167,188,000 after purchasing an additional 69,188 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in Invesco S&P SmallCap Momentum ETF by 17.0% in the first quarter. Bank of America Corp DE now owns 474,699 shares of the company’s stock valued at $36,087,000 after purchasing an additional 68,961 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Performance

Invesco S&P SmallCap Momentum ETF stock traded up $0.46 during mid-day trading on Friday, reaching $81.75. 260,404 shares of the company were exchanged, compared to its average volume of 266,785. The firm has a market cap of $2.87 billion, a PE ratio of 19.29 and a beta of 1.11. The firm’s 50-day simple moving average is $84.80 and its two-hundred day simple moving average is $85.49. Invesco S&P SmallCap Momentum ETF has a twelve month low of $68.59 and a twelve month high of $93.68.

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.