Invesco S&P MidCap Momentum ETF $XMMO Stock Position Increased by Accel Wealth Management

Accel Wealth Management increased its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 17.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,934 shares of the company’s stock after buying an additional 5,518 shares during the period. Invesco S&P MidCap Momentum ETF comprises 1.2% of Accel Wealth Management’s portfolio, making the stock its 21st largest holding. Accel Wealth Management owned approximately 0.08% of Invesco S&P MidCap Momentum ETF worth $5,420,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in Invesco S&P MidCap Momentum ETF by 22.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,295,928 shares of the company’s stock worth $220,489,000 after purchasing an additional 234,003 shares during the period. OLD National Bancorp IN acquired a new position in Invesco S&P MidCap Momentum ETF during the 1st quarter worth approximately $26,365,000. Royal Bank of Canada lifted its position in shares of Invesco S&P MidCap Momentum ETF by 45.9% during the first quarter. Royal Bank of Canada now owns 372,930 shares of the company’s stock worth $54,082,000 after purchasing an additional 117,316 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Invesco S&P MidCap Momentum ETF by 9.2% in the 1st quarter. Cetera Investment Advisers now owns 1,367,490 shares of the company’s stock worth $198,313,000 after buying an additional 115,655 shares in the last quarter. Finally, Dala Group LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the first quarter worth about $15,112,000.

Invesco S&P MidCap Momentum ETF Stock Up 0.2%

Shares of Invesco S&P MidCap Momentum ETF stock traded up $0.22 on Tuesday, hitting $146.72. 438,623 shares of the company’s stock traded hands, compared to its average volume of 350,305. Invesco S&P MidCap Momentum ETF has a 52-week low of $129.31 and a 52-week high of $173.94. The stock has a market cap of $7.02 billion, a P/E ratio of 22.06 and a beta of 1.10. The firm’s 50-day moving average is $153.15 and its 200 day moving average is $158.40.

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.