Jones Financial Companies Lllp Has $48.15 Million Stock Holdings in Invesco S&P MidCap Momentum ETF $XMMO

Jones Financial Companies Lllp lifted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 36.8% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 357,700 shares of the company’s stock after buying an additional 96,163 shares during the period. Jones Financial Companies Lllp owned about 1.03% of Invesco S&P MidCap Momentum ETF worth $48,153,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Gimbal Financial grew its position in Invesco S&P MidCap Momentum ETF by 2.0% in the third quarter. Gimbal Financial now owns 124,617 shares of the company’s stock valued at $16,852,000 after acquiring an additional 2,476 shares during the last quarter. Meridian Wealth Management LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF in the third quarter worth about $2,251,000. Mutual Advisors LLC boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 16.0% in the 3rd quarter. Mutual Advisors LLC now owns 3,033 shares of the company’s stock valued at $411,000 after purchasing an additional 419 shares in the last quarter. Hazlett Burt & Watson Inc. grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 77.0% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,188 shares of the company’s stock valued at $163,000 after purchasing an additional 517 shares during the last quarter. Finally, Centerpoint Advisory Group grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 8.7% during the 3rd quarter. Centerpoint Advisory Group now owns 6,961 shares of the company’s stock valued at $941,000 after purchasing an additional 555 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO stock opened at $141.53 on Tuesday. The stock has a market cap of $5.25 billion, a price-to-earnings ratio of 22.06 and a beta of 1.05. The company has a 50 day simple moving average of $140.38 and a 200 day simple moving average of $135.85. Invesco S&P MidCap Momentum ETF has a 1 year low of $97.50 and a 1 year high of $144.88.

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.