Stratos Wealth Partners LTD. Acquires 776 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Stratos Wealth Partners LTD. boosted its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 14.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,126 shares of the company’s stock after buying an additional 776 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Invesco S&P SmallCap Momentum ETF were worth $417,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Sound Income Strategies LLC increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 191.3% during the 2nd quarter. Sound Income Strategies LLC now owns 41,917 shares of the company’s stock worth $2,851,000 after acquiring an additional 27,526 shares during the last quarter. Private Trust Co. NA boosted its position in Invesco S&P SmallCap Momentum ETF by 152.8% during the first quarter. Private Trust Co. NA now owns 2,404 shares of the company’s stock worth $151,000 after purchasing an additional 1,453 shares during the period. Apollon Wealth Management LLC boosted its position in Invesco S&P SmallCap Momentum ETF by 38.0% during the first quarter. Apollon Wealth Management LLC now owns 382,228 shares of the company’s stock worth $23,985,000 after purchasing an additional 105,333 shares during the period. Avantax Advisory Services Inc. increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 23.5% in the first quarter. Avantax Advisory Services Inc. now owns 49,908 shares of the company’s stock valued at $3,132,000 after purchasing an additional 9,482 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC bought a new position in shares of Invesco S&P SmallCap Momentum ETF in the second quarter valued at about $652,000.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA XSMO opened at $74.01 on Friday. The stock has a market cap of $2.04 billion, a PE ratio of 19.29 and a beta of 1.08. The firm has a 50-day moving average of $72.81 and a 200-day moving average of $68.17. Invesco S&P SmallCap Momentum ETF has a 52-week low of $53.89 and a 52-week high of $74.51.

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.