Commonwealth Financial Services LLC boosted its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 2.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,813 shares of the company’s stock after purchasing an additional 264 shares during the quarter. Commonwealth Financial Services LLC owned approximately 0.05% of Invesco S&P MidCap Momentum ETF worth $1,111,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Glass Jacobson Investment Advisors llc acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the second quarter valued at $26,000. Concourse Financial Group Securities Inc. boosted its stake in Invesco S&P MidCap Momentum ETF by 114.2% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 242 shares of the company’s stock valued at $28,000 after purchasing an additional 129 shares during the period. Voisard Asset Management Group Inc. bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter worth about $30,000. Pineridge Advisors LLC bought a new position in Invesco S&P MidCap Momentum ETF in the 1st quarter worth about $34,000. Finally, Larson Financial Group LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter valued at approximately $53,000.
Invesco S&P MidCap Momentum ETF Trading Down 0.8 %
Shares of NYSEARCA XMMO opened at $119.76 on Monday. Invesco S&P MidCap Momentum ETF has a 12-month low of $74.39 and a 12-month high of $121.49. The company has a market cap of $2.34 billion, a PE ratio of 19.24 and a beta of 1.12. The stock has a 50 day simple moving average of $115.90 and a 200-day simple moving average of $114.05.
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.
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