Theory Financial LLC Boosts Position in Invesco S&P SmallCap Momentum ETF $XSMO

Theory Financial LLC raised its holdings in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 29.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 61,993 shares of the company’s stock after acquiring an additional 14,285 shares during the period. Invesco S&P SmallCap Momentum ETF makes up about 1.7% of Theory Financial LLC’s portfolio, making the stock its 23rd biggest position. Theory Financial LLC owned about 0.20% of Invesco S&P SmallCap Momentum ETF worth $4,713,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Total Clarity Wealth Management Inc. acquired a new position in Invesco S&P SmallCap Momentum ETF during the first quarter valued at $665,000. Apollon Wealth Management LLC boosted its holdings in Invesco S&P SmallCap Momentum ETF by 1.6% in the fourth quarter. Apollon Wealth Management LLC now owns 384,931 shares of the company’s stock valued at $27,719,000 after purchasing an additional 6,215 shares during the last quarter. Redhawk Wealth Advisors Inc. grew its position in Invesco S&P SmallCap Momentum ETF by 79.6% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 62,759 shares of the company’s stock worth $4,519,000 after purchasing an additional 27,816 shares during the period. Capital Investment Counsel LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF during the 4th quarter worth about $2,245,000. Finally, Fortis Capital Advisors LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF during the 4th quarter worth about $719,000.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA XSMO opened at $88.75 on Thursday. The firm has a market capitalization of $3.05 billion, a P/E ratio of 19.29 and a beta of 1.08. The stock has a 50-day simple moving average of $88.28 and a two-hundred day simple moving average of $81.95. Invesco S&P SmallCap Momentum ETF has a fifty-two week low of $66.16 and a fifty-two week high of $93.68.

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.