Commonwealth Financial Services LLC Has $1.11 Million Holdings in Invesco S&P MidCap Momentum ETF $XMMO

Commonwealth Financial Services LLC lessened its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 7.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,605 shares of the company’s stock after selling 659 shares during the quarter. Commonwealth Financial Services LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,107,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in XMMO. Mainstay Capital Management LLC ADV boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 102.3% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 558,008 shares of the company’s stock valued at $71,777,000 after buying an additional 282,194 shares during the last quarter. Davidson Capital Management Inc. acquired a new stake in Invesco S&P MidCap Momentum ETF during the 1st quarter valued at $30,938,000. Jones Financial Companies Lllp lifted its holdings in Invesco S&P MidCap Momentum ETF by 169.2% during the 1st quarter. Jones Financial Companies Lllp now owns 357,062 shares of the company’s stock valued at $40,619,000 after purchasing an additional 224,424 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Invesco S&P MidCap Momentum ETF by 36.6% during the 1st quarter. Ameriprise Financial Inc. now owns 691,318 shares of the company’s stock valued at $78,662,000 after purchasing an additional 185,360 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco S&P MidCap Momentum ETF by 27.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 806,591 shares of the company’s stock valued at $91,758,000 after purchasing an additional 173,649 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of Invesco S&P MidCap Momentum ETF stock opened at $132.67 on Friday. The business has a fifty day simple moving average of $132.87 and a two-hundred day simple moving average of $125.62. Invesco S&P MidCap Momentum ETF has a 1 year low of $97.50 and a 1 year high of $137.57. The company has a market capitalization of $4.56 billion, a price-to-earnings ratio of 22.06 and a beta of 1.01.

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.