Sound Income Strategies LLC Raises Stock Position in Invesco S&P SmallCap Momentum ETF $XSMO

Sound Income Strategies LLC boosted its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 19.4% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 152,422 shares of the company’s stock after acquiring an additional 24,757 shares during the period. Sound Income Strategies LLC owned about 0.49% of Invesco S&P SmallCap Momentum ETF worth $11,730,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Family Investment Center Inc. purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF during the first quarter worth about $7,918,000. Members Wealth LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF by 20.3% during the 1st quarter. Members Wealth LLC now owns 17,040 shares of the company’s stock worth $1,295,000 after purchasing an additional 2,874 shares during the last quarter. Capital Investment Counsel LLC lifted its stake in Invesco S&P SmallCap Momentum ETF by 2.0% in the 1st quarter. Capital Investment Counsel LLC now owns 31,803 shares of the company’s stock valued at $2,418,000 after buying an additional 621 shares in the last quarter. Brown Miller Wealth Management LLC boosted its holdings in Invesco S&P SmallCap Momentum ETF by 8.3% in the 1st quarter. Brown Miller Wealth Management LLC now owns 33,625 shares of the company’s stock worth $2,556,000 after buying an additional 2,581 shares during the last quarter. Finally, Intrua Financial LLC boosted its holdings in Invesco S&P SmallCap Momentum ETF by 26.2% in the 1st quarter. Intrua Financial LLC now owns 4,991 shares of the company’s stock worth $379,000 after buying an additional 1,037 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Down 1.5%

NYSEARCA:XSMO opened at $90.45 on Friday. Invesco S&P SmallCap Momentum ETF has a 12 month low of $66.16 and a 12 month high of $93.68. The stock has a 50 day moving average of $87.71 and a two-hundred day moving average of $81.00. The firm has a market cap of $3.07 billion, a P/E ratio of 19.29 and a beta of 1.08.

Invesco S&P SmallCap Momentum ETF Company 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.