Sowell Financial Services LLC Acquires 26,426 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Sowell Financial Services LLC acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) in the 3rd quarter, according to the company in its most recent Form 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 filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in shares of Invesco S&P SmallCap Momentum ETF by 4.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,785,627 shares of the company’s stock valued at $167,188,000 after acquiring an additional 69,188 shares in the last quarter. Nvest Financial LLC purchased a new position in shares of Invesco S&P SmallCap Momentum ETF during the first quarter worth about $4,099,000. Cetera Investment Advisers increased its position in shares of Invesco S&P SmallCap Momentum ETF by 7.3% in the first quarter. Cetera Investment Advisers now owns 870,093 shares of the company’s stock worth $66,144,000 after purchasing an additional 59,526 shares during the last quarter. Markowski Investments bought a new position in shares of Invesco S&P SmallCap Momentum ETF in the second quarter worth approximately $18,314,000. Finally, Seros Financial LLC increased its position in shares of Invesco S&P SmallCap Momentum ETF by 60.3% in the first quarter. Seros Financial LLC now owns 125,274 shares of the company’s stock worth $9,523,000 after purchasing an additional 47,101 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

Shares of XSMO opened at $78.65 on Friday. The firm’s 50 day simple moving average is $83.17 and its 200 day simple moving average is $85.79. The company has a market capitalization of $2.76 billion, a P/E ratio of 19.29 and a beta of 1.11. Invesco S&P SmallCap Momentum ETF has a 1-year low of $68.59 and a 1-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.