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

Sowell Financial Services LLC purchased a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 26,426 shares of the company’s stock, valued at approximately $2,156,000.

Several other large investors have also modified their holdings of the company. James Investment Research Inc. lifted its position in Invesco S&P SmallCap Momentum ETF by 2.8% during the 3rd quarter. James Investment Research Inc. now owns 7,670 shares of the company’s stock worth $626,000 after acquiring an additional 207 shares during the last quarter. Seros Financial LLC lifted its position in shares of Invesco S&P SmallCap Momentum ETF by 8.1% during the 3rd quarter. Seros Financial LLC now owns 188,783 shares of the company’s stock worth $15,401,000 after purchasing an additional 14,112 shares during the last quarter. USAdvisors Wealth Management LLC grew its holdings in Invesco S&P SmallCap Momentum ETF by 3.3% in the 3rd quarter. USAdvisors Wealth Management LLC now owns 114,376 shares of the company’s stock valued at $9,330,000 after buying an additional 3,701 shares during the last quarter. Fifth Third Securities Inc. bought a new position in Invesco S&P SmallCap Momentum ETF in the 3rd quarter worth approximately $5,858,000. Finally, Englebert Financial Advisers LLC increased its position in Invesco S&P SmallCap Momentum ETF by 4.4% in the 3rd quarter. Englebert Financial Advisers LLC now owns 16,945 shares of the company’s stock worth $1,382,000 after buying an additional 713 shares during the period.

Invesco S&P SmallCap Momentum ETF Trading Down 1.9%

XSMO opened at $80.98 on Friday. Invesco S&P SmallCap Momentum ETF has a 1-year low of $68.59 and a 1-year high of $93.68. The business has a 50 day moving average of $82.36 and a 200-day moving average of $83.29. The stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of 19.29 and a beta of 1.11.

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.