Lowery Thomas LLC Raises Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Lowery Thomas LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 3.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,520 shares of the company’s stock after acquiring an additional 945 shares during the quarter. Invesco S&P MidCap Momentum ETF comprises approximately 2.1% of Lowery Thomas LLC’s investment portfolio, making the stock its 16th largest holding. Lowery Thomas LLC owned about 0.13% of Invesco S&P MidCap Momentum ETF worth $2,909,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of XMMO. Savvy Advisors Inc. acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $745,000. Thoroughbred Financial Services LLC increased its stake in shares of Invesco S&P MidCap Momentum ETF by 9.3% in the 4th quarter. Thoroughbred Financial Services LLC now owns 25,340 shares of the company’s stock valued at $2,275,000 after purchasing an additional 2,147 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in Invesco S&P MidCap Momentum ETF by 74.5% during the first quarter. Oppenheimer & Co. Inc. now owns 6,966 shares of the company’s stock worth $800,000 after purchasing an additional 2,973 shares in the last quarter. ProVise Management Group LLC grew its holdings in Invesco S&P MidCap Momentum ETF by 0.7% in the fourth quarter. ProVise Management Group LLC now owns 45,200 shares of the company’s stock valued at $4,059,000 after purchasing an additional 310 shares during the period. Finally, Brown Advisory Inc. increased its position in shares of Invesco S&P MidCap Momentum ETF by 7.1% in the fourth quarter. Brown Advisory Inc. now owns 7,575 shares of the company’s stock valued at $680,000 after buying an additional 500 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Down 0.4 %

Shares of XMMO stock traded down $0.50 during trading hours on Thursday, hitting $112.72. 12,482 shares of the company’s stock were exchanged, compared to its average volume of 339,741. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $74.39 and a fifty-two week high of $121.49. The firm has a market cap of $2.21 billion, a P/E ratio of 19.24 and a beta of 1.12. The firm has a 50 day moving average of $115.50 and a two-hundred day moving average of $113.20.

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.