Diversified Portfolios Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund bought 1,978 shares of the company’s stock, valued at approximately $244,000.
Other large investors have also modified their holdings of the company. LPL Financial LLC grew its holdings in Invesco S&P MidCap Momentum ETF by 19.3% during the third quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock worth $209,969,000 after acquiring an additional 282,112 shares during the period. Win Advisors Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth $12,249,000. Money Concepts Capital Corp boosted its position in shares of Invesco S&P MidCap Momentum ETF by 24.6% during the 4th quarter. Money Concepts Capital Corp now owns 436,572 shares of the company’s stock worth $53,930,000 after purchasing an additional 86,162 shares in the last quarter. MinichMacGregor Wealth Management LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth $8,974,000. Finally, Merit Financial Group LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at about $7,639,000.
Invesco S&P MidCap Momentum ETF Stock Down 1.4 %
Shares of NYSEARCA XMMO opened at $127.87 on Wednesday. The firm has a 50-day moving average price of $128.47 and a 200 day moving average price of $123.83. Invesco S&P MidCap Momentum ETF has a 52 week low of $98.61 and a 52 week high of $137.14. The stock has a market capitalization of $2.50 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12.
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.
Further Reading
- Five stocks we like better than Invesco S&P MidCap Momentum ETF
- What Are Dividend Achievers? An Introduction
- Rebuilding Stronger: 3 Stocks Driving Infrastructure Recovery
- Canadian Penny Stocks: Can They Make You Rich?
- GLP-1 Alternatives: 2 Stocks Benefiting From Weight Loss Trends
- How Can Investors Benefit From After-Hours Trading
- The Fast and the Casual: Is Taco Bell Catching Up to Chipotle?
Want to see what other hedge funds are holding XMMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report).
Receive News & Ratings for Invesco S&P MidCap Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
