Insight Wealth Strategies LLC Acquires 1,504 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Insight Wealth Strategies LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 1.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,549 shares of the company’s stock after purchasing an additional 1,504 shares during the period. Invesco S&P MidCap Momentum ETF makes up 1.5% of Insight Wealth Strategies LLC’s portfolio, making the stock its 20th biggest position. Insight Wealth Strategies LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $11,523,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 27.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 806,591 shares of the company’s stock valued at $91,758,000 after purchasing an additional 173,649 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 36.6% during the 1st quarter. Ameriprise Financial Inc. now owns 691,318 shares of the company’s stock valued at $78,662,000 after purchasing an additional 185,360 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 18.3% during the 1st quarter. Raymond James Financial Inc. now owns 635,822 shares of the company’s stock valued at $72,331,000 after purchasing an additional 98,438 shares in the last quarter. Money Concepts Capital Corp lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 6.0% during the 1st quarter. Money Concepts Capital Corp now owns 462,667 shares of the company’s stock valued at $52,633,000 after purchasing an additional 26,095 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 169.2% during the 1st quarter. Jones Financial Companies Lllp now owns 357,062 shares of the company’s stock valued at $40,619,000 after purchasing an additional 224,424 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

NYSEARCA:XMMO opened at $135.03 on Friday. The business’s 50-day simple moving average is $131.08 and its 200-day simple moving average is $123.01. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $97.50 and a fifty-two week high of $137.14. The stock has a market capitalization of $4.31 billion, a PE ratio of 22.06 and a beta of 1.01.

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.