Brookwood Investment Group LLC Raises Position in Invesco S&P MidCap Momentum ETF $XMMO

Brookwood Investment Group LLC increased its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 336.4% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,739 shares of the company’s stock after buying an additional 9,820 shares during the period. Brookwood Investment Group LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,639,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in XMMO. Mainstay Capital Management LLC ADV raised its position in shares of Invesco S&P MidCap Momentum ETF by 102.3% in the second quarter. Mainstay Capital Management LLC ADV now owns 558,008 shares of the company’s stock worth $71,777,000 after buying an additional 282,194 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of Invesco S&P MidCap Momentum ETF by 169.2% in the first quarter. Jones Financial Companies Lllp now owns 357,062 shares of the company’s stock worth $40,619,000 after buying an additional 224,424 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Invesco S&P MidCap Momentum ETF by 36.6% in the first quarter. Ameriprise Financial Inc. now owns 691,318 shares of the company’s stock worth $78,662,000 after buying an additional 185,360 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco S&P MidCap Momentum ETF by 27.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 806,591 shares of the company’s stock worth $91,758,000 after buying an additional 173,649 shares in the last quarter. Finally, Gimbal Financial purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter worth $15,711,000.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of XMMO stock opened at $137.38 on Monday. Invesco S&P MidCap Momentum ETF has a 52-week low of $97.50 and a 52-week high of $138.25. The company has a market capitalization of $4.77 billion, a PE ratio of 22.06 and a beta of 1.01. The business’s fifty day moving average is $133.86 and its 200 day moving average is $127.53.

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.