Founders Financial Securities LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report) in the first quarter, HoldingsChannel.com reports. The fund acquired 14,009 shares of the company’s stock, valued at approximately $1,150,000.
Other hedge funds also recently bought and sold shares of the company. HighTower Advisors LLC grew its position in shares of Invesco S&P SmallCap Momentum ETF by 650.2% in the third quarter. HighTower Advisors LLC now owns 56,739 shares of the company’s stock valued at $4,174,000 after purchasing an additional 49,176 shares in the last quarter. Apollon Wealth Management LLC lifted its position in Invesco S&P SmallCap Momentum ETF by 1.6% during the fourth quarter. Apollon Wealth Management LLC now owns 384,931 shares of the company’s stock worth $27,719,000 after buying an additional 6,215 shares in the last quarter. USAdvisors Wealth Management LLC lifted its position in Invesco S&P SmallCap Momentum ETF by 8.9% during the third quarter. USAdvisors Wealth Management LLC now owns 97,487 shares of the company’s stock worth $7,172,000 after buying an additional 7,971 shares in the last quarter. Redhawk Wealth Advisors Inc. boosted its stake in Invesco S&P SmallCap Momentum ETF by 79.6% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 62,759 shares of the company’s stock worth $4,519,000 after buying an additional 27,816 shares during the last quarter. Finally, Fortis Capital Advisors LLC acquired a new position in Invesco S&P SmallCap Momentum ETF during the fourth quarter worth $719,000.
Invesco S&P SmallCap Momentum ETF Stock Up 0.2%
Shares of NYSEARCA:XSMO opened at $90.14 on Tuesday. The business has a fifty day moving average of $86.47 and a two-hundred day moving average of $80.03. The stock has a market cap of $2.82 billion, a P/E ratio of 19.29 and a beta of 1.09. Invesco S&P SmallCap Momentum ETF has a 52-week low of $65.33 and a 52-week high of $91.29.
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.
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Want to see what other hedge funds are holding XSMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO – Free Report).
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