Mutual Advisors LLC Grows Stock Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Mutual Advisors LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 17.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,598 shares of the company’s stock after acquiring an additional 386 shares during the period. Mutual Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $335,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in XMMO. LPL Financial LLC grew its position in shares of Invesco S&P MidCap Momentum ETF by 19.3% during the 3rd quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock valued at $209,969,000 after purchasing an additional 282,112 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P MidCap Momentum ETF by 2.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 321,240 shares of the company’s stock valued at $36,619,000 after buying an additional 7,717 shares during the period. Affinity Wealth Management LLC grew its position in Invesco S&P MidCap Momentum ETF by 1.5% during the third quarter. Affinity Wealth Management LLC now owns 253,773 shares of the company’s stock worth $30,537,000 after buying an additional 3,810 shares in the last quarter. Great Valley Advisor Group Inc. increased its stake in Invesco S&P MidCap Momentum ETF by 3.4% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 186,324 shares of the company’s stock worth $22,420,000 after acquiring an additional 6,111 shares during the last quarter. Finally, MML Investors Services LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 24.3% in the 3rd quarter. MML Investors Services LLC now owns 164,742 shares of the company’s stock valued at $19,823,000 after acquiring an additional 32,173 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 0.6 %

Shares of NYSEARCA XMMO opened at $129.72 on Wednesday. The business has a 50-day moving average of $129.27 and a 200-day moving average of $122.81. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 12 month low of $92.76 and a 12 month high of $137.14.

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.