Janney Montgomery Scott LLC Boosts Stock Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Janney Montgomery Scott LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMOFree Report) by 5.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,008 shares of the company’s stock after purchasing an additional 673 shares during the quarter. Janney Montgomery Scott LLC owned about 0.07% of Invesco S&P MidCap Momentum ETF worth $1,565,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in XMMO. Glass Jacobson Investment Advisors llc purchased a new stake in Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at $26,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 2nd quarter worth about $26,000. Concourse Financial Group Securities Inc. grew its holdings 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 last quarter. Pineridge Advisors LLC purchased a new stake in Invesco S&P MidCap Momentum ETF in the 1st quarter worth about $34,000. Finally, Larson Financial Group LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the second quarter worth about $53,000.

Invesco S&P MidCap Momentum ETF Stock Performance

XMMO opened at $128.81 on Friday. Invesco S&P MidCap Momentum ETF has a one year low of $81.53 and a one year high of $132.39. The stock has a market cap of $2.52 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. The stock’s 50 day moving average price is $121.30 and its 200-day moving average price is $117.05.

Invesco S&P MidCap Momentum ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

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