SigFig Wealth Management LLC Acquires Shares of 55,040 Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

SigFig Wealth Management LLC acquired a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 55,040 shares of the company’s stock, valued at approximately $6,812,000. SigFig Wealth Management LLC owned approximately 0.28% of Invesco S&P MidCap Momentum ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Howe & Rusling Inc. purchased a new position in Invesco S&P MidCap Momentum ETF in the third quarter valued at $30,000. Synergy Investment Management LLC purchased a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at $49,000. Transcendent Capital Group LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 2,689.5% in the fourth quarter. Transcendent Capital Group LLC now owns 530 shares of the company’s stock valued at $65,000 after buying an additional 511 shares in the last quarter. Richardson Financial Services Inc. purchased a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at $70,000. Finally, First Command Advisory Services Inc. increased its holdings in Invesco S&P MidCap Momentum ETF by 30.0% in the fourth quarter. First Command Advisory Services Inc. now owns 658 shares of the company’s stock valued at $81,000 after buying an additional 152 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Down 0.6 %

XMMO stock opened at $115.64 on Friday. The stock has a market capitalization of $3.51 billion, a P/E ratio of 16.76 and a beta of 1.04. The firm has a 50-day simple moving average of $124.25 and a 200-day simple moving average of $124.46. Invesco S&P MidCap Momentum ETF has a 52 week low of $105.77 and a 52 week high of $137.14.

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.