B. Riley Wealth Advisors Inc. Purchases New Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

B. Riley Wealth Advisors Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,325 shares of the company’s stock, valued at approximately $607,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in XMMO. Cetera Advisor Networks LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 1.3% during the fourth quarter. Cetera Advisor Networks LLC now owns 74,382 shares of the company’s stock valued at $6,680,000 after purchasing an additional 967 shares in the last quarter. Voisard Asset Management Group Inc. acquired a new stake in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at approximately $30,000. Sunpointe LLC acquired a new stake in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at approximately $261,000. Park Avenue Securities LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 194.0% during the first quarter. Park Avenue Securities LLC now owns 11,485 shares of the company’s stock valued at $1,319,000 after purchasing an additional 7,579 shares in the last quarter. Finally, Fifth Third Securities Inc. boosted its holdings in Invesco S&P MidCap Momentum ETF by 16.5% during the first quarter. Fifth Third Securities Inc. now owns 34,960 shares of the company’s stock valued at $4,016,000 after purchasing an additional 4,944 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 1.2 %

NYSEARCA XMMO opened at $120.99 on Friday. The stock’s 50 day moving average is $116.53 and its two-hundred day moving average is $114.63. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 1-year low of $74.39 and a 1-year high of $121.49.

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.