Sound Income Strategies LLC Grows Holdings in Invesco S&P SmallCap Momentum ETF $XSMO

Sound Income Strategies LLC boosted its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 78.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 74,768 shares of the company’s stock after acquiring an additional 32,851 shares during the quarter. Sound Income Strategies LLC owned 0.28% of Invesco S&P SmallCap Momentum ETF worth $5,426,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Osaic Holdings Inc. boosted its stake in shares of Invesco S&P SmallCap Momentum ETF by 8.4% in the 2nd quarter. Osaic Holdings Inc. now owns 1,750,582 shares of the company’s stock valued at $119,082,000 after purchasing an additional 135,949 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Invesco S&P SmallCap Momentum ETF by 4.1% in the second quarter. Envestnet Asset Management Inc. now owns 1,580,283 shares of the company’s stock valued at $107,491,000 after purchasing an additional 62,900 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of Invesco S&P SmallCap Momentum ETF by 8.8% in the second quarter. Cetera Investment Advisers now owns 1,278,102 shares of the company’s stock worth $86,936,000 after buying an additional 103,022 shares during the period. Raymond James Financial Inc. boosted its position in Invesco S&P SmallCap Momentum ETF by 154.4% during the 2nd quarter. Raymond James Financial Inc. now owns 1,033,548 shares of the company’s stock valued at $70,302,000 after buying an additional 627,318 shares during the period. Finally, Gratus Wealth Advisors LLC increased its position in shares of Invesco S&P SmallCap Momentum ETF by 0.4% in the second quarter. Gratus Wealth Advisors LLC now owns 477,335 shares of the company’s stock valued at $32,468,000 after acquiring an additional 1,953 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA XSMO opened at $73.90 on Friday. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $53.89 and a fifty-two week high of $75.93. The stock has a market cap of $2.06 billion, a P/E ratio of 19.29 and a beta of 1.07. The stock has a 50 day simple moving average of $72.63 and a two-hundred day simple moving average of $70.97.

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.