Jackson Wealth Management LLC Grows Stock Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Jackson Wealth Management LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 8.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,952 shares of the company’s stock after buying an additional 460 shares during the period. Jackson Wealth Management LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $677,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. US Bancorp DE increased its stake in Invesco S&P MidCap Momentum ETF by 156.0% in the 4th quarter. US Bancorp DE now owns 5,125 shares of the company’s stock worth $633,000 after buying an additional 3,123 shares during the period. Steward Partners Investment Advisory LLC grew its holdings in Invesco S&P MidCap Momentum ETF by 62.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,547 shares of the company’s stock worth $685,000 after acquiring an additional 2,125 shares in the last quarter. Assetmark Inc. grew its holdings in Invesco S&P MidCap Momentum ETF by 459.4% during the 4th quarter. Assetmark Inc. now owns 744 shares of the company’s stock worth $92,000 after acquiring an additional 611 shares in the last quarter. Atria Investments Inc grew its holdings in Invesco S&P MidCap Momentum ETF by 21.0% during the 4th quarter. Atria Investments Inc now owns 15,874 shares of the company’s stock worth $1,961,000 after acquiring an additional 2,759 shares in the last quarter. Finally, Cullen Frost Bankers Inc. bought a new position in Invesco S&P MidCap Momentum ETF during the 4th quarter worth about $114,000.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA:XMMO opened at $130.62 on Friday. The company’s 50-day simple moving average is $124.05 and its 200-day simple moving average is $121.66. The stock has a market capitalization of $4.02 billion, a P/E ratio of 22.06 and a beta of 1.01. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $97.50 and a fifty-two week high of $137.14.

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.