Redhawk Wealth Advisors Inc. Purchases 7,667 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

Redhawk Wealth Advisors Inc. raised its position in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 11.0% in the second quarter, Holdings Channel reports. The fund owned 77,443 shares of the company’s stock after buying an additional 7,667 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Invesco S&P SmallCap Momentum ETF were worth $7,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Assetmark Inc. increased its stake in shares of Invesco S&P SmallCap Momentum ETF by 13.3% in the first quarter. Assetmark Inc. now owns 1,529 shares of the company’s stock worth $116,000 after purchasing an additional 179 shares during the period. Fifth Third Securities Inc. boosted its stake in Invesco S&P SmallCap Momentum ETF by 1.3% during the 4th quarter. Fifth Third Securities Inc. now owns 14,155 shares of the company’s stock valued at $1,019,000 after purchasing an additional 180 shares during the period. Stonebridge Financial Group LLC MO boosted its stake in Invesco S&P SmallCap Momentum ETF by 1.5% during the 1st quarter. Stonebridge Financial Group LLC MO now owns 12,148 shares of the company’s stock valued at $923,000 after purchasing an additional 182 shares during the period. Mutual Advisors LLC grew its holdings in Invesco S&P SmallCap Momentum ETF by 4.1% in the 4th quarter. Mutual Advisors LLC now owns 5,016 shares of the company’s stock valued at $361,000 after buying an additional 197 shares during the last quarter. Finally, Colonial River Investments LLC grew its holdings in Invesco S&P SmallCap Momentum ETF by 2.0% in the 4th quarter. Colonial River Investments LLC now owns 9,965 shares of the company’s stock valued at $718,000 after buying an additional 200 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Down 0.3%

Shares of NYSEARCA XSMO opened at $88.39 on Tuesday. The business’s 50 day moving average is $88.77 and its two-hundred day moving average is $83.61. The company has a market cap of $3.09 billion, a P/E ratio of 19.29 and a beta of 1.09. Invesco S&P SmallCap Momentum ETF has a 12 month low of $68.34 and a 12 month high of $93.68.

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.