26,426 Shares in Invesco S&P SmallCap Momentum ETF $XSMO Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 26,426 shares of the company’s stock, valued at approximately $2,156,000. Sowell Financial Services LLC owned 0.08% of Invesco S&P SmallCap Momentum ETF as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. raised its position in shares of 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. Cetera Investment Advisers grew its stake in Invesco S&P SmallCap Momentum ETF by 7.3% in the 1st quarter. Cetera Investment Advisers now owns 870,093 shares of the company’s stock worth $66,144,000 after acquiring an additional 59,526 shares during the period. Gratus Wealth Advisors LLC raised its holdings in Invesco S&P SmallCap Momentum ETF by 6.0% in the 1st quarter. Gratus Wealth Advisors LLC now owns 520,253 shares of the company’s stock valued at $39,550,000 after acquiring an additional 29,366 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 17.0% during the first quarter. Bank of America Corp DE now owns 474,699 shares of the company’s stock worth $36,087,000 after purchasing an additional 68,961 shares during the last quarter. Finally, Markowski Investments purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the second quarter valued at $18,314,000.

Invesco S&P SmallCap Momentum ETF Stock Performance

Shares of XSMO stock opened at $80.98 on Friday. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 19.29 and a beta of 1.11. The company has a 50 day moving average price of $82.36 and a 200 day moving average price of $83.29. Invesco S&P SmallCap Momentum ETF has a one year low of $68.59 and a one year high of $93.68.

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.