New Millennium Group LLC Sells 5,124 Shares of Invesco S&P MidCap Momentum ETF $XMMO

New Millennium Group LLC cut its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 21.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,322 shares of the company’s stock after selling 5,124 shares during the quarter. Invesco S&P MidCap Momentum ETF accounts for 1.2% of New Millennium Group LLC’s holdings, making the stock its 24th biggest position. New Millennium Group LLC owned 0.06% of Invesco S&P MidCap Momentum ETF worth $2,613,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of XMMO. Vantagepoint Investment Advisers LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the third quarter valued at approximately $161,994,000. Raymond James Financial Inc. raised its holdings in Invesco S&P MidCap Momentum ETF by 5.0% in the second quarter. Raymond James Financial Inc. now owns 667,770 shares of the company’s stock worth $85,895,000 after purchasing an additional 31,948 shares during the period. Bank of America Corp DE boosted its position in shares of Invesco S&P MidCap Momentum ETF by 7.6% during the second quarter. Bank of America Corp DE now owns 597,656 shares of the company’s stock worth $76,877,000 after purchasing an additional 42,015 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 11.4% in the 2nd quarter. Cetera Investment Advisers now owns 546,873 shares of the company’s stock valued at $70,344,000 after buying an additional 56,147 shares during the period. Finally, Money Concepts Capital Corp grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 1.0% in the 3rd quarter. Money Concepts Capital Corp now owns 470,063 shares of the company’s stock valued at $63,567,000 after buying an additional 4,774 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Up 0.5%

Shares of Invesco S&P MidCap Momentum ETF stock opened at $148.13 on Friday. The company has a market capitalization of $5.52 billion, a PE ratio of 22.06 and a beta of 1.05. Invesco S&P MidCap Momentum ETF has a 12 month low of $97.50 and a 12 month high of $148.79. The stock’s fifty day simple moving average is $142.20 and its 200 day simple moving average is $137.10.

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.