Atria Investments Inc Increases Stake in Invesco S&P MidCap Momentum ETF $XMMO

Atria Investments Inc boosted its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 71.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,574 shares of the company’s stock after purchasing an additional 11,495 shares during the period. Atria Investments Inc’s holdings in Invesco S&P MidCap Momentum ETF were worth $3,547,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in XMMO. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 27.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 806,591 shares of the company’s stock worth $91,758,000 after buying an additional 173,649 shares during the period. Ameriprise Financial Inc. grew its position in Invesco S&P MidCap Momentum ETF by 36.6% during the 1st quarter. Ameriprise Financial Inc. now owns 691,318 shares of the company’s stock worth $78,662,000 after acquiring an additional 185,360 shares during the last quarter. Raymond James Financial Inc. grew its position in Invesco S&P MidCap Momentum ETF by 18.3% during the 1st quarter. Raymond James Financial Inc. now owns 635,822 shares of the company’s stock worth $72,331,000 after acquiring an additional 98,438 shares during the last quarter. Mainstay Capital Management LLC ADV grew its position in Invesco S&P MidCap Momentum ETF by 102.3% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 558,008 shares of the company’s stock worth $71,777,000 after acquiring an additional 282,194 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 169.2% during the first quarter. Jones Financial Companies Lllp now owns 357,062 shares of the company’s stock valued at $40,619,000 after purchasing an additional 224,424 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA:XMMO opened at $136.01 on Monday. The firm has a market cap of $4.75 billion, a PE ratio of 22.06 and a beta of 1.05. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $97.50 and a fifty-two week high of $139.26. The business has a 50 day moving average price of $134.48 and a 200-day moving average price of $128.61.

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.