Principle Wealth Partners LLC Increases Stake in Invesco S&P MidCap Momentum ETF $XMMO

Principle Wealth Partners LLC lifted its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 171.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 38,776 shares of the company’s stock after purchasing an additional 24,507 shares during the quarter. Principle Wealth Partners LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $5,369,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Optima Capital LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $26,000. Realta Investment Advisors purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $28,000. AlphaCore Capital LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $34,000. Park Square Financial Group LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $36,000. Finally, Eagle Bay Advisors LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $39,000.

Invesco S&P MidCap Momentum ETF Stock Up 0.9%

Shares of Invesco S&P MidCap Momentum ETF stock opened at $164.80 on Friday. The firm has a market capitalization of $6.96 billion, a P/E ratio of 22.06 and a beta of 1.09. The company has a 50 day moving average price of $154.85 and a 200 day moving average price of $146.02. Invesco S&P MidCap Momentum ETF has a 52 week low of $120.83 and a 52 week high of $170.16.

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.