Truist Financial Corp Makes New $307,000 Investment in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Truist Financial Corp bought a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,482 shares of the company’s stock, valued at approximately $307,000.

Several other large investors also recently modified their holdings of XMMO. LPL Financial LLC raised its holdings in Invesco S&P MidCap Momentum ETF by 19.3% in the third quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock valued at $209,969,000 after acquiring an additional 282,112 shares in the last quarter. Principal Securities Inc. grew its holdings in Invesco S&P MidCap Momentum ETF by 918.3% during the 4th quarter. Principal Securities Inc. now owns 248,852 shares of the company’s stock worth $30,741,000 after acquiring an additional 224,413 shares in the last quarter. Win Advisors Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter worth about $12,249,000. Money Concepts Capital Corp raised its stake in shares of Invesco S&P MidCap Momentum ETF by 24.6% in the 4th quarter. Money Concepts Capital Corp now owns 436,572 shares of the company’s stock valued at $53,930,000 after purchasing an additional 86,162 shares in the last quarter. Finally, MinichMacGregor Wealth Management LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth about $8,974,000.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA:XMMO opened at $118.17 on Thursday. The stock has a 50-day simple moving average of $126.62 and a 200 day simple moving average of $124.78. Invesco S&P MidCap Momentum ETF has a one year low of $105.77 and a one year high of $137.14. The company has a market capitalization of $3.69 billion, a price-to-earnings ratio of 19.06 and a beta of 1.03.

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.