Steward Partners Investment Advisory LLC Raises Stock Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Steward Partners Investment Advisory LLC boosted its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 62.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,547 shares of the company’s stock after buying an additional 2,125 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $685,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Meridian Wealth Management LLC purchased a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter worth about $2,076,000. Gentry Private Wealth LLC raised its position in Invesco S&P MidCap Momentum ETF by 9.4% in the 4th quarter. Gentry Private Wealth LLC now owns 2,392 shares of the company’s stock worth $295,000 after buying an additional 205 shares during the last quarter. Jones Financial Companies Lllp raised its position in Invesco S&P MidCap Momentum ETF by 90.3% in the 4th quarter. Jones Financial Companies Lllp now owns 132,638 shares of the company’s stock worth $16,385,000 after buying an additional 62,954 shares during the last quarter. Noble Wealth Management PBC purchased a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter worth about $160,000. Finally, US Bancorp DE raised its position in Invesco S&P MidCap Momentum ETF by 156.0% in the 4th quarter. US Bancorp DE now owns 5,125 shares of the company’s stock worth $633,000 after buying an additional 3,123 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Up 0.2 %

NYSEARCA XMMO opened at $112.74 on Wednesday. Invesco S&P MidCap Momentum ETF has a 52 week low of $105.77 and a 52 week high of $137.14. The firm has a market capitalization of $3.52 billion, a P/E ratio of 19.06 and a beta of 1.03. The company has a 50-day moving average price of $125.79 and a 200-day moving average price of $124.73.

Invesco S&P MidCap Momentum ETF 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.