Citigroup Inc. raised its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 7.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,054 shares of the company’s stock after buying an additional 7,503 shares during the period. Citigroup Inc. owned 0.58% of Invesco S&P MidCap Momentum ETF worth $13,604,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of XMMO. Investors Research Corp boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 127.2% during the third quarter. Investors Research Corp now owns 718 shares of the company’s stock valued at $86,000 after purchasing an additional 402 shares in the last quarter. LPL Financial LLC boosted its position in Invesco S&P MidCap Momentum ETF by 19.3% during the 3rd quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock worth $209,969,000 after buying an additional 282,112 shares during the period. Howe & Rusling Inc. bought a new stake in Invesco S&P MidCap Momentum ETF during the 3rd quarter worth approximately $30,000. New Millennium Group LLC increased its position in Invesco S&P MidCap Momentum ETF by 78.5% in the 3rd quarter. New Millennium Group LLC now owns 21,680 shares of the company’s stock valued at $2,609,000 after acquiring an additional 9,533 shares during the period. Finally, Lowery Thomas LLC raised its stake in shares of Invesco S&P MidCap Momentum ETF by 5.6% during the third quarter. Lowery Thomas LLC now owns 26,950 shares of the company’s stock valued at $3,243,000 after acquiring an additional 1,430 shares during the last quarter.
Invesco S&P MidCap Momentum ETF Stock Down 1.0 %
Shares of Invesco S&P MidCap Momentum ETF stock opened at $134.75 on Friday. The stock has a market cap of $2.64 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a twelve month low of $82.25 and a twelve month high of $137.14. The company’s fifty day moving average is $125.02 and its 200 day moving average is $118.52.
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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