RWA Wealth Partners LLC Decreases Stake in Invesco S&P SmallCap Momentum ETF $XSMO

RWA Wealth Partners LLC lessened its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 41.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,630 shares of the company’s stock after selling 6,778 shares during the quarter. RWA Wealth Partners LLC’s holdings in Invesco S&P SmallCap Momentum ETF were worth $655,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of XSMO. Sound Income Strategies LLC raised its holdings in shares of Invesco S&P SmallCap Momentum ETF by 191.3% during the 2nd quarter. Sound Income Strategies LLC now owns 41,917 shares of the company’s stock worth $2,851,000 after acquiring an additional 27,526 shares during the period. Mascagni Wealth Management Inc. grew its holdings in shares of Invesco S&P SmallCap Momentum ETF by 13.4% in the second quarter. Mascagni Wealth Management Inc. now owns 20,303 shares of the company’s stock valued at $1,381,000 after purchasing an additional 2,394 shares during the period. Accel Wealth Management increased its position in Invesco S&P SmallCap Momentum ETF by 3.5% during the second quarter. Accel Wealth Management now owns 24,850 shares of the company’s stock worth $1,690,000 after purchasing an additional 850 shares during the last quarter. Wealthcare Advisory Partners LLC purchased a new position in Invesco S&P SmallCap Momentum ETF during the second quarter worth about $652,000. Finally, Assetmark Inc. raised its stake in Invesco S&P SmallCap Momentum ETF by 1,315.0% during the second quarter. Assetmark Inc. now owns 1,882 shares of the company’s stock worth $128,000 after purchasing an additional 1,749 shares during the period.

Invesco S&P SmallCap Momentum ETF Price Performance

NYSEARCA:XSMO opened at $71.83 on Monday. The company’s 50-day moving average is $72.91 and its two-hundred day moving average is $69.32. Invesco S&P SmallCap Momentum ETF has a 1-year low of $53.89 and a 1-year high of $74.71. The firm has a market capitalization of $2.00 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.