Park Avenue Securities LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 35,776 shares of the company’s stock, valued at approximately $5,250,000.
Several other hedge funds have also modified their holdings of the stock. Vantagepoint Investment Advisers LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the third quarter worth approximately $115,464,000. Flagship Harbor Advisors LLC raised its stake in Invesco S&P MidCap Momentum ETF by 4.1% during the third quarter. Flagship Harbor Advisors LLC now owns 43,085 shares of the company’s stock worth $6,323,000 after purchasing an additional 1,680 shares during the period. Apollon Wealth Management LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 15.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 2,133 shares of the company’s stock valued at $313,000 after purchasing an additional 279 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 12.6% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 7,622 shares of the company’s stock valued at $1,119,000 after purchasing an additional 851 shares during the last quarter. Finally, Sigma Planning Corp acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the 3rd quarter valued at $5,460,000.
Invesco S&P MidCap Momentum ETF Stock Up 0.3%
Shares of NYSEARCA XMMO opened at $139.51 on Friday. Invesco S&P MidCap Momentum ETF has a 52-week low of $129.31 and a 52-week high of $173.94. The firm has a fifty day moving average of $147.85 and a 200-day moving average of $153.83. The stock has a market capitalization of $6.77 billion, a PE ratio of 22.06 and a beta of 1.10.
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.
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