Redhawk Wealth Advisors Inc. Acquires 7,667 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Redhawk Wealth Advisors Inc. boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 11.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 77,443 shares of the company’s stock after buying an additional 7,667 shares during the quarter. Redhawk Wealth Advisors Inc. owned about 0.23% of Invesco S&P SmallCap Momentum ETF worth $7,251,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of XSMO. LPL Financial LLC lifted its position in shares of Invesco S&P SmallCap Momentum ETF by 3.2% in the fourth quarter. LPL Financial LLC now owns 2,171,515 shares of the company’s stock worth $156,371,000 after buying an additional 66,942 shares during the last quarter. Osaic Holdings Inc. increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 2.0% during the 4th quarter. Osaic Holdings Inc. now owns 1,730,681 shares of the company’s stock valued at $124,644,000 after acquiring an additional 33,235 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 28.4% in the 3rd quarter. Raymond James Financial Inc. now owns 1,327,495 shares of the company’s stock valued at $97,664,000 after acquiring an additional 293,947 shares in the last quarter. Morgan Stanley raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 23.7% in the 4th quarter. Morgan Stanley now owns 942,702 shares of the company’s stock valued at $67,884,000 after acquiring an additional 180,690 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of 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 valued at $66,144,000 after acquiring an additional 59,526 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

XSMO opened at $88.39 on Tuesday. The firm has a market cap of $3.09 billion, a P/E ratio of 19.29 and a beta of 1.09. The business has a 50 day moving average price of $88.77 and a 200 day moving average price of $83.61. Invesco S&P SmallCap Momentum ETF has a twelve month low of $68.34 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.