HBW Advisory Services LLC Acquires 845 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

HBW Advisory Services LLC raised its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 7.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,305 shares of the company’s stock after purchasing an additional 845 shares during the quarter. HBW Advisory Services LLC owned 0.06% of Invesco S&P MidCap Momentum ETF worth $1,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Glass Jacobson Investment Advisors llc purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter worth approximately $26,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter valued at $26,000. Concourse Financial Group Securities Inc. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 114.2% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 242 shares of the company’s stock valued at $28,000 after buying an additional 129 shares during the last quarter. Voisard Asset Management Group Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth $30,000. Finally, Pineridge Advisors LLC purchased a new stake in Invesco S&P MidCap Momentum ETF in the 1st quarter worth about $34,000.

Invesco S&P MidCap Momentum ETF Stock Up 0.8 %

Invesco S&P MidCap Momentum ETF stock traded up $0.95 during midday trading on Friday, reaching $120.56. The stock had a trading volume of 187,310 shares, compared to its average volume of 328,902. The firm has a market capitalization of $2.36 billion, a PE ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 12 month low of $74.39 and a 12 month high of $121.49. The firm’s 50-day moving average price is $116.47 and its 200 day moving average price is $114.54.

About Invesco S&P MidCap Momentum ETF

The Invesco S&P MidCap Momentum ETF (XMMO) is an exchange-traded fund that is based on the S&P MidCap 400 Momentum (USD) index. The fund tracks an index of S&P 400 MidCap stocks selected by momentum and weighted by market cap and momentum. XMMO was launched on Mar 3, 2005 and is managed by Invesco.