JBR Co Financial Management Inc purchased a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 2,552 shares of the company’s stock, valued at approximately $291,000.
Other institutional investors have also added to or reduced their stakes in the company. Oxford Wealth Group LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter valued at $18,376,000. Cetera Investment Advisers grew its stake in Invesco S&P MidCap Momentum ETF by 842.6% during the first quarter. Cetera Investment Advisers now owns 150,228 shares of the company’s stock worth $17,255,000 after buying an additional 134,291 shares in the last quarter. Win Advisors Inc. bought a new position in Invesco S&P MidCap Momentum ETF in the 1st quarter valued at about $15,314,000. Orion Portfolio Solutions LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the 1st quarter valued at approximately $15,174,000. Finally, Focus Financial Network Inc. ADV acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $11,584,000.
Invesco S&P MidCap Momentum ETF Stock Performance
Shares of NYSEARCA XMMO traded up $1.88 during trading hours on Tuesday, hitting $113.89. 183,212 shares of the stock were exchanged, compared to its average volume of 321,380. The company’s fifty day simple moving average is $114.46 and its two-hundred day simple moving average is $111.12. The company has a market cap of $2.23 billion, a PE ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 1-year low of $74.39 and a 1-year high of $121.49.
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.
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