Uniting Wealth Partners LLC Buys 3,360 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Uniting Wealth Partners LLC increased its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 6.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,477 shares of the company’s stock after buying an additional 3,360 shares during the quarter. Invesco S&P MidCap Momentum ETF comprises approximately 2.4% of Uniting Wealth Partners LLC’s investment portfolio, making the stock its 4th biggest position. Uniting Wealth Partners LLC owned about 0.15% of Invesco S&P MidCap Momentum ETF worth $7,681,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in XMMO. Capstone Wealth Management Group LLC grew its position in Invesco S&P MidCap Momentum ETF by 148.4% during the first quarter. Capstone Wealth Management Group LLC now owns 28,228 shares of the company’s stock worth $3,211,000 after buying an additional 16,865 shares in the last quarter. AQR Capital Management LLC grew its position in Invesco S&P MidCap Momentum ETF by 17.4% during the first quarter. AQR Capital Management LLC now owns 12,835 shares of the company’s stock worth $1,460,000 after buying an additional 1,905 shares in the last quarter. Cerity Partners LLC acquired a new stake in Invesco S&P MidCap Momentum ETF during the second quarter worth approximately $3,587,000. Raymond James Financial Inc. grew its position in Invesco S&P MidCap Momentum ETF by 5.0% during the second quarter. Raymond James Financial Inc. now owns 667,770 shares of the company’s stock worth $85,895,000 after buying an additional 31,948 shares in the last quarter. Finally, Jupiter Wealth Management LLC acquired a new stake in Invesco S&P MidCap Momentum ETF during the second quarter worth approximately $2,120,000.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of NYSEARCA:XMMO opened at $169.68 on Friday. The company has a market capitalization of $7.17 billion, a P/E ratio of 22.06 and a beta of 1.08. Invesco S&P MidCap Momentum ETF has a 1 year low of $123.44 and a 1 year high of $172.23. The business’s 50 day simple moving average is $161.71 and its 200 day simple moving average is $149.48.

About Invesco S&P MidCap Momentum ETF

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.