ACT Wealth Management LLC Has $604,000 Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

ACT Wealth Management LLC raised its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 6.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 6,730 shares of the company’s stock after purchasing an additional 427 shares during the quarter. Invesco S&P MidCap Momentum ETF accounts for about 0.3% of ACT Wealth Management LLC’s investment portfolio, making the stock its 20th biggest position. ACT Wealth Management LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $604,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in XMMO. LPL Financial LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 7.7% during the third quarter. LPL Financial LLC now owns 1,213,229 shares of the company’s stock worth $97,677,000 after purchasing an additional 86,438 shares during the period. Morgan Stanley boosted its holdings in Invesco S&P MidCap Momentum ETF by 28.6% during the fourth quarter. Morgan Stanley now owns 923,663 shares of the company’s stock worth $69,552,000 after buying an additional 205,321 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in Invesco S&P MidCap Momentum ETF by 45.8% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 388,880 shares of the company’s stock valued at $34,925,000 after acquiring an additional 122,233 shares during the period. Goldman Sachs Group Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter valued at about $18,909,000. Finally, Stifel Financial Corp grew its position in Invesco S&P MidCap Momentum ETF by 2.9% in the third quarter. Stifel Financial Corp now owns 172,049 shares of the company’s stock valued at $13,854,000 after purchasing an additional 4,911 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO opened at $114.65 on Thursday. Invesco S&P MidCap Momentum ETF has a 1 year low of $72.49 and a 1 year high of $115.18. The company has a market capitalization of $1.58 billion, a PE ratio of 10.00 and a beta of 1.01. The business has a fifty day simple moving average of $103.37 and a 200 day simple moving average of $90.09.

Invesco S&P MidCap Momentum ETF Company 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.