Private Advisor Group LLC Has $9.85 Million Stock Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Private Advisor Group LLC cut its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 1.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 85,766 shares of the company’s stock after selling 918 shares during the period. Private Advisor Group LLC owned about 0.44% of Invesco S&P MidCap Momentum ETF worth $9,851,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in XMMO. Raymond James Financial Services Advisors Inc. lifted its position in Invesco S&P MidCap Momentum ETF by 45.8% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 388,880 shares of the company’s stock worth $34,925,000 after buying an additional 122,233 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at approximately $32,634,000. Stifel Financial Corp grew its stake in Invesco S&P MidCap Momentum ETF by 17.4% in the fourth quarter. Stifel Financial Corp now owns 201,919 shares of the company’s stock valued at $18,138,000 after purchasing an additional 29,870 shares in the last quarter. Foundations Investment Advisors LLC grew its stake in Invesco S&P MidCap Momentum ETF by 422.0% in the fourth quarter. Foundations Investment Advisors LLC now owns 141,792 shares of the company’s stock valued at $13,567,000 after purchasing an additional 114,627 shares in the last quarter. Finally, Win Advisors Inc. acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter worth approximately $15,314,000.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO stock traded down $0.65 during trading hours on Friday, reaching $113.00. The stock had a trading volume of 177,809 shares, compared to its average volume of 283,065. The stock has a market capitalization of $2.21 billion, a PE ratio of 19.24 and a beta of 1.12. The stock has a 50-day simple moving average of $113.79 and a 200 day simple moving average of $106.06. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $74.39 and a fifty-two week high of $117.57.

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.