22,003 Shares in Invesco S&P MidCap Momentum ETF $XMMO Bought by Lynch Investment Planning LLC

Lynch Investment Planning LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 22,003 shares of the company’s stock, valued at approximately $3,046,000. Invesco S&P MidCap Momentum ETF comprises 2.9% of Lynch Investment Planning LLC’s portfolio, making the stock its 12th largest position. Lynch Investment Planning LLC owned 0.06% of Invesco S&P MidCap Momentum ETF at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC increased its stake in shares of Invesco S&P MidCap Momentum ETF by 11.4% in the fourth quarter. LPL Financial LLC now owns 3,472,670 shares of the company’s stock worth $480,826,000 after purchasing an additional 355,614 shares during the period. Advance Capital Management Inc. bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $27,363,000. HighTower Advisors LLC increased its position in Invesco S&P MidCap Momentum ETF by 353.6% in the 4th quarter. HighTower Advisors LLC now owns 251,672 shares of the company’s stock worth $34,847,000 after buying an additional 196,188 shares during the period. Great Valley Advisor Group Inc. lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 89.1% during the fourth quarter. Great Valley Advisor Group Inc. now owns 399,276 shares of the company’s stock worth $55,284,000 after buying an additional 188,111 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 20.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 851,097 shares of the company’s stock worth $115,094,000 after buying an additional 143,657 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 1.2%

XMMO opened at $171.83 on Friday. Invesco S&P MidCap Momentum ETF has a 1-year low of $123.58 and a 1-year high of $173.24. The stock has a market capitalization of $7.26 billion, a price-to-earnings ratio of 22.06 and a beta of 1.08. The business has a 50 day moving average of $163.56 and a 200-day moving average of $150.51.

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.