Private Advisor Group LLC Cuts Stock Position in Invesco S&P MidCap Momentum ETF $XMMO

Private Advisor Group LLC trimmed its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 22.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 178,954 shares of the company’s stock after selling 52,305 shares during the period. Private Advisor Group LLC owned approximately 0.51% of Invesco S&P MidCap Momentum ETF worth $24,200,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Good Life Advisors LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 4.7% in the 2nd quarter. Good Life Advisors LLC now owns 2,324 shares of the company’s stock worth $299,000 after acquiring an additional 105 shares during the period. Founders Financial Securities LLC increased its stake in shares of Invesco S&P MidCap Momentum ETF by 1.1% during the third quarter. Founders Financial Securities LLC now owns 12,292 shares of the company’s stock worth $1,662,000 after acquiring an additional 137 shares during the period. Lodestone Wealth Management LLC increased its stake in shares of Invesco S&P MidCap Momentum ETF by 7.2% during the third quarter. Lodestone Wealth Management LLC now owns 2,212 shares of the company’s stock worth $299,000 after acquiring an additional 148 shares during the period. Lion Street Advisors LLC raised its holdings in Invesco S&P MidCap Momentum ETF by 4.1% during the third quarter. Lion Street Advisors LLC now owns 4,443 shares of the company’s stock worth $601,000 after purchasing an additional 175 shares in the last quarter. Finally, First Financial Corp IN purchased a new position in Invesco S&P MidCap Momentum ETF during the third quarter worth about $25,000.

Invesco S&P MidCap Momentum ETF Stock Up 1.8%

Shares of NYSEARCA:XMMO opened at $146.72 on Tuesday. Invesco S&P MidCap Momentum ETF has a 52 week low of $97.50 and a 52 week high of $152.42. The company has a 50-day moving average price of $144.27 and a 200 day moving average price of $138.75. The company has a market cap of $5.47 billion, a P/E ratio of 22.06 and a beta of 1.05.

Invesco S&P MidCap Momentum ETF 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.