Invesco S&P SmallCap Momentum ETF $XSMO Shares Bought by Sound Income Strategies LLC

Sound Income Strategies LLC grew its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 70.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 127,665 shares of the company’s stock after purchasing an additional 52,897 shares during the period. Sound Income Strategies LLC owned approximately 0.44% of Invesco S&P SmallCap Momentum ETF worth $9,879,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Sowell Financial Services LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 30.8% during the fourth quarter. Sowell Financial Services LLC now owns 14,987 shares of the company’s stock worth $1,079,000 after purchasing an additional 3,525 shares in the last quarter. Sovran Advisors LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 4.2% during the fourth quarter. Sovran Advisors LLC now owns 12,420 shares of the company’s stock worth $962,000 after purchasing an additional 503 shares in the last quarter. Trust Co. of Toledo NA OH lifted its stake in Invesco S&P SmallCap Momentum ETF by 2.6% during the fourth quarter. Trust Co. of Toledo NA OH now owns 10,988 shares of the company’s stock worth $791,000 after purchasing an additional 278 shares in the last quarter. ADG Wealth Management Group LLC acquired a new position in Invesco S&P SmallCap Momentum ETF during the fourth quarter worth $201,000. Finally, Silver Oak Securities Incorporated acquired a new position in Invesco S&P SmallCap Momentum ETF during the fourth quarter worth $375,000.

Invesco S&P SmallCap Momentum ETF Stock Up 0.1%

NYSEARCA:XSMO opened at $77.83 on Tuesday. The stock’s fifty day moving average is $77.68 and its two-hundred day moving average is $74.93. Invesco S&P SmallCap Momentum ETF has a 52 week low of $53.89 and a 52 week high of $81.36. The stock has a market capitalization of $2.34 billion, a price-to-earnings ratio of 19.29 and a beta of 1.07.

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.