Hazlett Burt & Watson Inc. Purchases New Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Hazlett Burt & Watson Inc. purchased a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the 4th quarter, Holdings Channel.com reports. The fund purchased 381 shares of the company’s stock, valued at approximately $47,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC grew its position in shares of Invesco S&P MidCap Momentum ETF by 102.1% in the 3rd quarter. FMR LLC now owns 5,847 shares of the company’s stock valued at $704,000 after buying an additional 2,954 shares during the last quarter. Flow Traders U.S. LLC boosted its stake in Invesco S&P MidCap Momentum ETF by 67.1% in the third quarter. Flow Traders U.S. LLC now owns 12,995 shares of the company’s stock valued at $1,564,000 after acquiring an additional 5,218 shares in the last quarter. Benjamin Edwards Inc. purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the third quarter worth about $2,280,000. Arizona PSPRS Trust acquired a new stake in shares of Invesco S&P MidCap Momentum ETF during the third quarter worth about $3,395,000. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 3.9% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 10,553 shares of the company’s stock valued at $1,270,000 after purchasing an additional 392 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Up 0.6 %

Shares of NYSEARCA XMMO opened at $113.76 on Tuesday. The stock has a market cap of $3.47 billion, a PE ratio of 16.68 and a beta of 1.04. Invesco S&P MidCap Momentum ETF has a 52-week low of $105.77 and a 52-week high of $137.14. The business has a 50-day moving average price of $122.65 and a 200 day moving average price of $124.73.

Invesco S&P MidCap Momentum ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.3006 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Invesco S&P MidCap Momentum ETF’s previous dividend of $0.05.

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.