Centennial Wealth Advisory LLC Takes Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Centennial Wealth Advisory LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 35,260 shares of the company’s stock, valued at approximately $4,356,000. Invesco S&P MidCap Momentum ETF comprises approximately 1.7% of Centennial Wealth Advisory LLC’s portfolio, making the stock its 12th biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Howe & Rusling Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF during the 3rd quarter valued at approximately $30,000. NBC Securities Inc. boosted its position in shares of Invesco S&P MidCap Momentum ETF by 83.7% during the 3rd quarter. NBC Securities Inc. now owns 461 shares of the company’s stock valued at $55,000 after acquiring an additional 210 shares during the last quarter. Richardson Financial Services Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at approximately $70,000. Investors Research Corp boosted its position in shares of Invesco S&P MidCap Momentum ETF by 127.2% during the 3rd quarter. Investors Research Corp now owns 718 shares of the company’s stock valued at $86,000 after acquiring an additional 402 shares during the last quarter. Finally, Lion Street Advisors LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the third quarter worth $200,000.

Invesco S&P MidCap Momentum ETF Stock Up 1.0 %

Shares of XMMO opened at $131.19 on Thursday. The company has a market cap of $2.57 billion, a PE ratio of 19.24 and a beta of 1.12. The business has a fifty day moving average of $128.94 and a 200 day moving average of $123.37. Invesco S&P MidCap Momentum ETF has a 52-week low of $96.59 and a 52-week high of $137.14.

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.