Private Advisor Group LLC Grows Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Private Advisor Group LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,089 shares of the company’s stock after acquiring an additional 3,633 shares during the period. Private Advisor Group LLC owned about 0.67% of Invesco S&P MidCap Momentum ETF worth $16,193,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 19.3% during the third quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock valued at $209,969,000 after purchasing an additional 282,112 shares in the last quarter. Principal Securities Inc. boosted its position in Invesco S&P MidCap Momentum ETF by 918.3% during the 4th quarter. Principal Securities Inc. now owns 248,852 shares of the company’s stock valued at $30,741,000 after acquiring an additional 224,413 shares in the last quarter. Win Advisors Inc. purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $12,249,000. Money Concepts Capital Corp raised its position in shares of Invesco S&P MidCap Momentum ETF by 24.6% in the 4th quarter. Money Concepts Capital Corp now owns 436,572 shares of the company’s stock worth $53,930,000 after acquiring an additional 86,162 shares in the last quarter. Finally, Atria Wealth Solutions Inc. lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 394.2% during the 4th quarter. Atria Wealth Solutions Inc. now owns 92,787 shares of the company’s stock worth $11,462,000 after purchasing an additional 74,010 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of XMMO stock opened at $127.87 on Thursday. The company has a market cap of $2.50 billion, a P/E ratio of 19.24 and a beta of 1.12. The stock’s 50-day moving average is $127.87 and its 200 day moving average is $124.24. Invesco S&P MidCap Momentum ETF has a 1-year low of $100.42 and a 1-year high of $137.14.

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.