Brookstone Capital Management Boosts Stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Brookstone Capital Management increased its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 21.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,745 shares of the company’s stock after purchasing an additional 479 shares during the period. Brookstone Capital Management’s holdings in Invesco S&P MidCap Momentum ETF were worth $339,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Fortitude Family Office LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at about $1,519,000. Worth Asset Management LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter valued at approximately $218,000. International Assets Investment Management LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter valued at approximately $404,000. JPMorgan Chase & Co. raised its stake in Invesco S&P MidCap Momentum ETF by 4,307.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 59,680 shares of the company’s stock valued at $7,181,000 after acquiring an additional 58,326 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. raised its stake in Invesco S&P MidCap Momentum ETF by 910.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 53,784 shares of the company’s stock valued at $6,437,000 after acquiring an additional 48,459 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Up 0.4 %

XMMO opened at $129.69 on Friday. The business has a 50 day moving average price of $129.04 and a two-hundred day moving average price of $121.93. The company has a market cap of $2.54 billion, a PE ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 52 week low of $89.01 and a 52 week high of $137.14.

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.