Koshinski Asset Management Inc. Has $6.77 Million Stock Holdings in Invesco S&P MidCap Momentum ETF $XMMO

Koshinski Asset Management Inc. increased its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 10.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 48,882 shares of the company’s stock after buying an additional 4,786 shares during the period. Koshinski Asset Management Inc. owned 0.13% of Invesco S&P MidCap Momentum ETF worth $6,768,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Optima Capital LLC acquired a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter worth approximately $26,000. Realta Investment Advisors acquired a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter worth approximately $28,000. Eagle Bay Advisors LLC acquired a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter worth approximately $39,000. Dunhill Financial LLC acquired a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter worth approximately $42,000. Finally, Greykasell Wealth Strategies Inc. acquired a new position in Invesco S&P MidCap Momentum ETF in the third quarter worth approximately $43,000.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA:XMMO opened at $164.31 on Friday. The company has a market capitalization of $6.94 billion, a P/E ratio of 22.06 and a beta of 1.09. Invesco S&P MidCap Momentum ETF has a 52 week low of $119.21 and a 52 week high of $170.16. The stock’s 50 day moving average price is $151.24 and its 200 day moving average price is $143.88.

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.