Sanctuary Advisors LLC Lowers Stock Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Sanctuary Advisors LLC lowered its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 4.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,519 shares of the company’s stock after selling 124 shares during the period. Sanctuary Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $332,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. JPMorgan Chase & Co. grew its position in Invesco S&P MidCap Momentum ETF by 4,307.7% during the third quarter. JPMorgan Chase & Co. now owns 59,680 shares of the company’s stock valued at $7,181,000 after acquiring an additional 58,326 shares during the period. Mutual Advisors LLC grew its position in Invesco S&P MidCap Momentum ETF by 17.5% during the fourth quarter. Mutual Advisors LLC now owns 2,598 shares of the company’s stock valued at $335,000 after acquiring an additional 386 shares during the period. Janney Montgomery Scott LLC grew its position in Invesco S&P MidCap Momentum ETF by 5.5% during the third quarter. Janney Montgomery Scott LLC now owns 13,008 shares of the company’s stock valued at $1,565,000 after acquiring an additional 673 shares during the period. Brookstone Capital Management grew its position in Invesco S&P MidCap Momentum ETF by 21.1% during the fourth quarter. Brookstone Capital Management now owns 2,745 shares of the company’s stock valued at $339,000 after acquiring an additional 479 shares during the period. Finally, Arete Wealth Advisors LLC grew its position in Invesco S&P MidCap Momentum ETF by 13.9% during the third quarter. Arete Wealth Advisors LLC now owns 5,367 shares of the company’s stock valued at $643,000 after acquiring an additional 655 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Down 2.6 %

XMMO stock opened at $118.95 on Tuesday. The stock has a 50-day moving average price of $126.94 and a two-hundred day moving average price of $124.82. Invesco S&P MidCap Momentum ETF has a 12-month low of $105.77 and a 12-month high of $137.14. The company has a market cap of $3.71 billion, a PE ratio of 19.06 and a beta of 1.03.

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.