JPMorgan Chase & Co. increased its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 4,307.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 59,680 shares of the company’s stock after purchasing an additional 58,326 shares during the period. JPMorgan Chase & Co. owned approximately 0.30% of Invesco S&P MidCap Momentum ETF worth $7,181,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. acquired a new position in Invesco S&P MidCap Momentum ETF during the second quarter worth $26,000. Glass Jacobson Investment Advisors llc acquired a new position in Invesco S&P MidCap Momentum ETF during the 2nd quarter worth about $26,000. Howe & Rusling Inc. purchased a new position in Invesco S&P MidCap Momentum ETF during the 3rd quarter valued at about $30,000. NBC Securities Inc. grew its position in Invesco S&P MidCap Momentum ETF by 83.7% in the 3rd quarter. NBC Securities Inc. now owns 461 shares of the company’s stock valued at $55,000 after acquiring an additional 210 shares in the last quarter. Finally, Investors Research Corp grew its position in Invesco S&P MidCap Momentum ETF by 127.2% in the 3rd quarter. Investors Research Corp now owns 718 shares of the company’s stock valued at $86,000 after acquiring an additional 402 shares in the last quarter.
Invesco S&P MidCap Momentum ETF Stock Performance
Shares of XMMO opened at $125.79 on Wednesday. The company’s 50-day simple moving average is $129.10 and its 200-day simple moving average is $121.72. Invesco S&P MidCap Momentum ETF has a 1 year low of $88.32 and a 1 year high of $137.14. The stock has a market capitalization of $2.46 billion, a PE ratio of 19.24 and a beta of 1.12.
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.
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