Verde Capital Management Sells 343 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Verde Capital Management cut its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 2.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,838 shares of the company’s stock after selling 343 shares during the period. Verde Capital Management owned about 0.05% of Invesco S&P MidCap Momentum ETF worth $2,037,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Calton & Associates Inc. acquired a new position in Invesco S&P MidCap Momentum ETF during the 1st quarter worth $27,000. Ameriflex Group Inc. acquired a new position in Invesco S&P MidCap Momentum ETF during the 4th quarter worth $51,000. Hazlett Burt & Watson Inc. lifted its holdings in Invesco S&P MidCap Momentum ETF by 41.5% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 539 shares of the company’s stock worth $60,000 after buying an additional 158 shares in the last quarter. Hoey Investments Inc. acquired a new position in Invesco S&P MidCap Momentum ETF during the 1st quarter worth $66,000. Finally, Park Square Financial Group LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the 4th quarter worth $80,000.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA:XMMO opened at $135.03 on Friday. The stock’s fifty day moving average price is $131.08 and its two-hundred day moving average price is $123.01. Invesco S&P MidCap Momentum ETF has a 52-week low of $97.50 and a 52-week high of $137.14. The company has a market cap of $4.31 billion, a price-to-earnings ratio of 22.06 and a beta of 1.01.

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.