Waverly Advisors LLC Acquires Shares of 29,577 Invesco S&P MidCap Momentum ETF $XMMO

Waverly Advisors LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMOFree Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 29,577 shares of the company’s stock, valued at approximately $5,032,000. Waverly Advisors LLC owned about 0.06% of Invesco S&P MidCap Momentum ETF at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Total Clarity Wealth Management Inc. bought a new stake in Invesco S&P MidCap Momentum ETF in the first quarter worth about $916,000. Monetary Solutions Ltd bought a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at approximately $2,068,000. Pacific Sun Financial Corp bought a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at approximately $704,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P MidCap Momentum ETF by 9.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 927,629 shares of the company’s stock worth $128,440,000 after purchasing an additional 76,532 shares during the last quarter. Finally, Kovack Advisors Inc. increased its stake in shares of Invesco S&P MidCap Momentum ETF by 6.1% during the 4th quarter. Kovack Advisors Inc. now owns 62,045 shares of the company’s stock worth $8,259,000 after purchasing an additional 3,589 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Down 1.9%

NYSEARCA:XMMO opened at $150.83 on Friday. Invesco S&P MidCap Momentum ETF has a 12 month low of $129.31 and a 12 month high of $173.94. The firm’s 50 day moving average is $158.17 and its 200 day moving average is $158.19. The stock has a market capitalization of $7.01 billion, a PE ratio of 22.06 and a beta of 1.09.

Invesco S&P MidCap Momentum ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

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