American Trust Has $884,000 Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

American Trust grew its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 4.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,751 shares of the company’s stock after acquiring an additional 364 shares during the period. American Trust’s holdings in Invesco S&P MidCap Momentum ETF were worth $884,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of XMMO. Glass Jacobson Investment Advisors llc bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter worth approximately $26,000. Newbridge Financial Services Group Inc. acquired a new stake in Invesco S&P MidCap Momentum ETF in the second quarter valued at $26,000. Concourse Financial Group Securities Inc. increased its stake in shares of 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 worth $28,000 after purchasing an additional 129 shares during the last quarter. Voisard Asset Management Group Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at about $30,000. Finally, Pineridge Advisors LLC acquired a new stake in Invesco S&P MidCap Momentum ETF in the 1st quarter valued at about $34,000.

Invesco S&P MidCap Momentum ETF Stock Down 0.4 %

NYSEARCA:XMMO opened at $119.85 on Wednesday. Invesco S&P MidCap Momentum ETF has a 12-month low of $74.39 and a 12-month high of $121.49. The firm has a market capitalization of $2.35 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. The stock’s 50 day moving average price is $116.30 and its two-hundred day moving average price is $114.46.

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.