JBR Co Financial Management Inc Grows Stake in Invesco S&P MidCap Momentum ETF $XMMO

JBR Co Financial Management Inc raised its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 53.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,904 shares of the company’s stock after purchasing an additional 5,507 shares during the period. Invesco S&P MidCap Momentum ETF comprises 0.9% of JBR Co Financial Management Inc’s portfolio, making the stock its 29th biggest position. JBR Co Financial Management Inc’s holdings in Invesco S&P MidCap Momentum ETF were worth $2,151,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in XMMO. First Financial Corp IN bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the third quarter valued at about $25,000. Golden State Wealth Management LLC purchased a new position in Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at about $28,000. Briaud Financial Planning Inc bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at about $29,000. Beacon Capital Management Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at about $50,000. Finally, Promus Capital LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter worth approximately $58,000.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA XMMO opened at $140.19 on Monday. The company has a market cap of $4.90 billion, a PE ratio of 22.06 and a beta of 1.05. The firm’s 50 day moving average price is $136.41 and its 200-day moving average price is $132.78. Invesco S&P MidCap Momentum ETF has a 52-week low of $97.50 and a 52-week high of $142.34.

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.