Wealthcare Advisory Partners LLC Makes New Investment in Invesco S&P MidCap Momentum ETF $XMMO

Wealthcare Advisory Partners LLC bought a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,899 shares of the company’s stock, valued at approximately $1,659,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 27.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 806,591 shares of the company’s stock worth $91,758,000 after buying an additional 173,649 shares during the last quarter. Ameriprise Financial Inc. grew its position in Invesco S&P MidCap Momentum ETF by 36.6% during the first quarter. Ameriprise Financial Inc. now owns 691,318 shares of the company’s stock valued at $78,662,000 after acquiring an additional 185,360 shares during the period. Raymond James Financial Inc. grew its position in Invesco S&P MidCap Momentum ETF by 18.3% during the first quarter. Raymond James Financial Inc. now owns 635,822 shares of the company’s stock valued at $72,331,000 after acquiring an additional 98,438 shares during the period. Money Concepts Capital Corp grew its position in Invesco S&P MidCap Momentum ETF by 6.0% during the first quarter. Money Concepts Capital Corp now owns 462,667 shares of the company’s stock valued at $52,633,000 after acquiring an additional 26,095 shares during the period. Finally, Jones Financial Companies Lllp grew its position in Invesco S&P MidCap Momentum ETF by 169.2% during the first quarter. Jones Financial Companies Lllp now owns 357,062 shares of the company’s stock valued at $40,619,000 after acquiring an additional 224,424 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Down 0.7%

XMMO stock opened at $134.96 on Wednesday. The stock has a 50-day moving average price of $132.57 and a two-hundred day moving average price of $125.25. Invesco S&P MidCap Momentum ETF has a 12-month low of $97.50 and a 12-month high of $137.14. The company has a market cap of $4.63 billion, a PE ratio of 22.06 and a beta of 1.01.

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.