Apollon Wealth Management LLC Boosts Holdings in Invesco S&P SmallCap Momentum ETF $XSMO

Apollon Wealth Management LLC raised its position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 1.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 378,716 shares of the company’s stock after acquiring an additional 7,078 shares during the quarter. Apollon Wealth Management LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $27,862,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in XSMO. Beacon Capital Management Inc. purchased a new stake in shares of Invesco S&P SmallCap Momentum ETF in the second quarter valued at about $27,000. Harbor Asset Planning Inc. purchased a new position in Invesco S&P SmallCap Momentum ETF during the second quarter worth about $40,000. Parkside Financial Bank & Trust acquired a new stake in Invesco S&P SmallCap Momentum ETF in the second quarter valued at about $41,000. Edmond DE Rothschild Holding S.A. purchased a new stake in Invesco S&P SmallCap Momentum ETF in the 1st quarter valued at approximately $47,000. Finally, Cape Investment Advisory Inc. boosted its holdings in Invesco S&P SmallCap Momentum ETF by 48.8% in the 1st quarter. Cape Investment Advisory Inc. now owns 896 shares of the company’s stock valued at $56,000 after purchasing an additional 294 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Down 0.1%

Shares of XSMO stock opened at $74.63 on Friday. The stock has a 50 day simple moving average of $72.82 and a 200-day simple moving average of $71.25. The company has a market cap of $2.08 billion, a price-to-earnings ratio of 19.29 and a beta of 1.07. Invesco S&P SmallCap Momentum ETF has a 12-month low of $53.89 and a 12-month high of $75.93.

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.