LPL Financial LLC Acquires 355,614 Shares of Invesco S&P MidCap Momentum ETF $XMMO

LPL Financial LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 11.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,472,670 shares of the company’s stock after purchasing an additional 355,614 shares during the period. LPL Financial LLC owned approximately 9.32% of Invesco S&P MidCap Momentum ETF worth $480,826,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Clear Creek Financial Management LLC lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 65.3% during the 3rd quarter. Clear Creek Financial Management LLC now owns 10,574 shares of the company’s stock valued at $1,430,000 after purchasing an additional 4,178 shares in the last quarter. Elevation Capital Advisory LLC lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 162.7% during the 4th quarter. Elevation Capital Advisory LLC now owns 29,671 shares of the company’s stock valued at $4,108,000 after purchasing an additional 18,378 shares in the last quarter. Sound Income Strategies LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 67.7% in the 4th quarter. Sound Income Strategies LLC now owns 66,916 shares of the company’s stock valued at $9,580,000 after acquiring an additional 27,024 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Invesco S&P MidCap Momentum ETF by 26.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 372,585 shares of the company’s stock valued at $50,385,000 after acquiring an additional 77,853 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 120.6% in the 4th quarter. Farther Finance Advisors LLC now owns 34,147 shares of the company’s stock valued at $4,728,000 after acquiring an additional 18,669 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA XMMO opened at $165.38 on Tuesday. The stock has a market capitalization of $6.99 billion, a price-to-earnings ratio of 22.06 and a beta of 1.08. The stock’s 50 day moving average price is $159.93 and its two-hundred day moving average price is $148.64. Invesco S&P MidCap Momentum ETF has a 52 week low of $123.44 and a 52 week high of $172.23.

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.