7,578 Invesco S&P MidCap Momentum ETF $XMMO Shares Bought by Principle Wealth Partners LLC

Principle Wealth Partners LLC boosted its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 12.5% in the third quarter, HoldingsChannel reports. The institutional investor owned 67,966 shares of the company’s stock after purchasing an additional 7,578 shares during the quarter. Principle Wealth Partners LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $9,974,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of XMMO. Vantagepoint Investment Advisers LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the third quarter valued at about $115,464,000. Commonwealth Equity Services LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF in the third quarter worth about $53,586,000. Envestnet Asset Management Inc. boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 22.0% in the second quarter. Envestnet Asset Management Inc. now owns 1,295,928 shares of the company’s stock worth $220,489,000 after acquiring an additional 234,003 shares during the period. Royal Bank of Canada grew its position in shares of Invesco S&P MidCap Momentum ETF by 45.9% during the first quarter. Royal Bank of Canada now owns 372,930 shares of the company’s stock worth $54,082,000 after purchasing an additional 117,316 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in shares of Invesco S&P MidCap Momentum ETF by 9.2% during the first quarter. Cetera Investment Advisers now owns 1,367,490 shares of the company’s stock worth $198,313,000 after purchasing an additional 115,655 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Trading Down 6.2%

Shares of XMMO opened at $126.16 on Friday. The business’s 50 day moving average is $145.60 and its 200 day moving average is $153.61. The company has a market capitalization of $6.06 billion, a PE ratio of 22.06 and a beta of 1.11. Invesco S&P MidCap Momentum ETF has a 12-month low of $126.03 and a 12-month high of $173.94.

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.