Cetera Investment Advisers Sells 53,537 Shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Cetera Investment Advisers lessened its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 35.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 96,691 shares of the company’s stock after selling 53,537 shares during the period. Cetera Investment Advisers owned 0.49% of Invesco S&P MidCap Momentum ETF worth $11,022,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. LPL Financial LLC boosted its position in Invesco S&P MidCap Momentum ETF by 1.6% during the second quarter. LPL Financial LLC now owns 1,462,834 shares of the company’s stock worth $166,748,000 after purchasing an additional 23,229 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 2.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 321,240 shares of the company’s stock worth $36,619,000 after purchasing an additional 7,717 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 12.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 294,088 shares of the company’s stock worth $33,523,000 after purchasing an additional 32,271 shares during the last quarter. Foundations Investment Advisors LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 34.7% in the second quarter. Foundations Investment Advisors LLC now owns 215,906 shares of the company’s stock valued at $24,611,000 after acquiring an additional 55,650 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in Invesco S&P MidCap Momentum ETF by 25.7% in the first quarter. Osaic Holdings Inc. now owns 199,563 shares of the company’s stock valued at $22,931,000 after acquiring an additional 40,798 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 1.2 %

Shares of Invesco S&P MidCap Momentum ETF stock opened at $120.99 on Friday. The business has a fifty day simple moving average of $116.53 and a two-hundred day simple moving average of $114.63. The firm has a market capitalization of $2.37 billion, a P/E 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.

Invesco S&P MidCap Momentum ETF Company Profile

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.