Redhawk Wealth Advisors Inc. Acquires 27,816 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Redhawk Wealth Advisors Inc. grew its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 79.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,759 shares of the company’s stock after purchasing an additional 27,816 shares during the quarter. Redhawk Wealth Advisors Inc. owned approximately 0.22% of Invesco S&P SmallCap Momentum ETF worth $4,519,000 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. Beacon Capital Management Inc. purchased a new position in shares of Invesco S&P SmallCap Momentum ETF in the 2nd quarter worth about $27,000. Hazlett Burt & Watson Inc. increased its holdings in Invesco S&P SmallCap Momentum ETF by 234.4% during the third quarter. Hazlett Burt & Watson Inc. now owns 535 shares of the company’s stock worth $40,000 after buying an additional 375 shares during the last quarter. Comprehensive Financial Planning Inc. PA purchased a new stake in Invesco S&P SmallCap Momentum ETF during the third quarter worth about $49,000. Godsey & Gibb Inc. bought a new stake in Invesco S&P SmallCap Momentum ETF in the third quarter worth about $57,000. Finally, Blair William & Co. IL raised its position in Invesco S&P SmallCap Momentum ETF by 10,957.1% in the third quarter. Blair William & Co. IL now owns 774 shares of the company’s stock worth $57,000 after acquiring an additional 767 shares during the period.

Invesco S&P SmallCap Momentum ETF Stock Down 1.1%

XSMO opened at $75.00 on Friday. Invesco S&P SmallCap Momentum ETF has a twelve month low of $53.89 and a twelve month high of $81.36. The company’s 50-day moving average price is $77.77 and its two-hundred day moving average price is $74.77. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 19.29 and a beta of 1.07.

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.