Royal Bank of Canada increased its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 45.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 372,930 shares of the company’s stock after buying an additional 117,316 shares during the quarter. Royal Bank of Canada owned 0.88% of Invesco S&P MidCap Momentum ETF worth $54,082,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in XMMO. Optima Capital LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth approximately $26,000. Realta Investment Advisors bought a new position in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth about $28,000. Wilmington Savings Fund Society FSB bought a new position in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth about $28,000. AlphaCore Capital LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth approximately $34,000. Finally, Park Square Financial Group LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth approximately $36,000.
Invesco S&P MidCap Momentum ETF Price Performance
XMMO opened at $154.29 on Friday. The stock has a market capitalization of $7.14 billion, a P/E ratio of 22.06 and a beta of 1.08. The company’s 50 day simple moving average is $164.54 and its 200-day simple moving average is $155.32. Invesco S&P MidCap Momentum ETF has a one year low of $126.64 and a one year high of $173.94.
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.
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