Invesco S&P MidCap Momentum ETF $XMMO Stake Raised by Kellett Wealth Advisors LLC

Kellett Wealth Advisors LLC lifted its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 6.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,019 shares of the company’s stock after acquiring an additional 2,026 shares during the quarter. Invesco S&P MidCap Momentum ETF accounts for approximately 2.9% of Kellett Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. Kellett Wealth Advisors LLC owned approximately 0.11% of Invesco S&P MidCap Momentum ETF worth $4,376,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Calton & Associates Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter worth about $27,000. Hazlett Burt & Watson Inc. lifted its stake in Invesco S&P MidCap Momentum ETF by 41.5% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 539 shares of the company’s stock valued at $60,000 after buying an additional 158 shares in the last quarter. Capital Analysts LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 17.4% in the 1st quarter. Capital Analysts LLC now owns 742 shares of the company’s stock valued at $84,000 after buying an additional 110 shares in the last quarter. Wood Tarver Financial Group LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 18.4% in the 1st quarter. Wood Tarver Financial Group LLC now owns 919 shares of the company’s stock valued at $105,000 after buying an additional 143 shares in the last quarter. Finally, First Command Advisory Services Inc. lifted its stake in Invesco S&P MidCap Momentum ETF by 63.2% in the 1st quarter. First Command Advisory Services Inc. now owns 1,074 shares of the company’s stock valued at $122,000 after buying an additional 416 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Trading Up 2.0%

Shares of Invesco S&P MidCap Momentum ETF stock opened at $135.27 on Tuesday. The firm has a market capitalization of $4.66 billion, a PE ratio of 22.06 and a beta of 1.01. Invesco S&P MidCap Momentum ETF has a twelve month low of $97.50 and a twelve month high of $137.57. The firm’s 50-day moving average price is $132.97 and its 200 day moving average price is $125.85.

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.