Blair William & Co. IL Has $5.38 Million Stock Holdings in Invesco S&P MidCap Momentum ETF $XMMO

Blair William & Co. IL lifted its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 1,318.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 41,797 shares of the company’s stock after buying an additional 38,851 shares during the quarter. Blair William & Co. IL’s holdings in Invesco S&P MidCap Momentum ETF were worth $5,376,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of XMMO. Farther Finance Advisors LLC increased its position in Invesco S&P MidCap Momentum ETF by 222.3% during the first quarter. Farther Finance Advisors LLC now owns 2,198 shares of the company’s stock worth $253,000 after acquiring an additional 1,516 shares during the period. MFA Wealth Services increased its position in Invesco S&P MidCap Momentum ETF by 70.9% during the first quarter. MFA Wealth Services now owns 17,681 shares of the company’s stock worth $2,011,000 after acquiring an additional 7,336 shares during the period. Dynamic Advisor Solutions LLC increased its position in Invesco S&P MidCap Momentum ETF by 14.9% during the first quarter. Dynamic Advisor Solutions LLC now owns 5,238 shares of the company’s stock worth $596,000 after acquiring an additional 679 shares during the period. Sound Income Strategies LLC bought a new position in Invesco S&P MidCap Momentum ETF during the first quarter worth about $898,000. Finally, Atlas Private Wealth Advisors bought a new position in Invesco S&P MidCap Momentum ETF during the first quarter worth about $276,000.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA:XMMO opened at $132.67 on Monday. Invesco S&P MidCap Momentum ETF has a 52 week low of $97.50 and a 52 week high of $137.57. The firm has a market cap of $4.57 billion, a price-to-earnings ratio of 22.06 and a beta of 1.01. The firm’s 50-day simple moving average is $132.87 and its 200 day simple moving average is $125.69.

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.