Stillwater Private Wealth LLC Makes New Investment in Invesco S&P MidCap Momentum ETF $XMMO

Stillwater Private Wealth LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 15,290 shares of the company’s stock, valued at approximately $2,217,000. Invesco S&P MidCap Momentum ETF comprises 1.9% of Stillwater Private Wealth LLC’s investment portfolio, making the stock its 18th biggest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Capstone Wealth Management Group LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 148.4% in the first quarter. Capstone Wealth Management Group LLC now owns 28,228 shares of the company’s stock worth $3,211,000 after purchasing an additional 16,865 shares in the last quarter. AQR Capital Management LLC raised its holdings in Invesco S&P MidCap Momentum ETF by 17.4% during the first quarter. AQR Capital Management LLC now owns 12,835 shares of the company’s stock valued at $1,460,000 after buying an additional 1,905 shares in the last quarter. Cerity Partners LLC bought a new position in Invesco S&P MidCap Momentum ETF during the second quarter valued at about $3,587,000. Raymond James Financial Inc. lifted its position in shares of 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 buying an additional 31,948 shares during the last quarter. Finally, Jupiter Wealth Management LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the second quarter worth about $2,120,000.

Invesco S&P MidCap Momentum ETF Stock Performance

XMMO opened at $154.29 on Friday. The company has a market cap of $7.14 billion, a PE ratio of 22.06 and a beta of 1.08. The stock has a 50-day moving average of $164.54 and a 200-day moving average of $155.32. Invesco S&P MidCap Momentum ETF has a 52-week low of $126.64 and a 52-week high of $173.94.

Invesco S&P MidCap Momentum ETF Company 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.