Sound Income Strategies LLC Buys 16,641 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Sound Income Strategies LLC raised its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 9.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 191,886 shares of the company’s stock after buying an additional 16,641 shares during the period. Sound Income Strategies LLC owned about 0.55% of Invesco S&P SmallCap Momentum ETF worth $15,598,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in Invesco S&P SmallCap Momentum ETF by 4.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,785,627 shares of the company’s stock valued at $167,188,000 after acquiring an additional 69,188 shares during the period. LPL Financial LLC boosted its stake in shares of Invesco S&P SmallCap Momentum ETF by 3.2% in the fourth quarter. LPL Financial LLC now owns 2,171,515 shares of the company’s stock valued at $156,371,000 after purchasing an additional 66,942 shares during the period. Cetera Investment Advisers boosted its stake in shares of Invesco S&P SmallCap Momentum ETF by 7.3% in the first quarter. Cetera Investment Advisers now owns 870,093 shares of the company’s stock valued at $66,144,000 after purchasing an additional 59,526 shares during the period. Gratus Wealth Advisors LLC grew its holdings in shares of Invesco S&P SmallCap Momentum ETF by 6.0% in the first quarter. Gratus Wealth Advisors LLC now owns 520,253 shares of the company’s stock valued at $39,550,000 after purchasing an additional 29,366 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Invesco S&P SmallCap Momentum ETF by 17.0% in the first quarter. Bank of America Corp DE now owns 474,699 shares of the company’s stock valued at $36,087,000 after purchasing an additional 68,961 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Trading Up 0.6%

XSMO traded up $0.46 during trading hours on Friday, hitting $81.75. 260,404 shares of the company’s stock were exchanged, compared to its average volume of 266,785. The firm has a market cap of $2.87 billion, a P/E ratio of 19.29 and a beta of 1.11. Invesco S&P SmallCap Momentum ETF has a 12-month low of $68.59 and a 12-month high of $93.68. The firm has a 50 day moving average of $84.80 and a 200 day moving average of $85.49.

Invesco S&P SmallCap Momentum ETF 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.