FreeGulliver LLC Buys Shares of 29,472 Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

FreeGulliver LLC bought a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 29,472 shares of the company’s stock, valued at approximately $3,641,000. Invesco S&P MidCap Momentum ETF accounts for approximately 1.7% of FreeGulliver LLC’s holdings, making the stock its 14th biggest position. FreeGulliver LLC owned about 0.15% of Invesco S&P MidCap Momentum ETF at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. ProVise Management Group LLC raised its stake in shares of Invesco S&P MidCap Momentum ETF by 1.1% during the 4th quarter. ProVise Management Group LLC now owns 50,311 shares of the company’s stock valued at $6,215,000 after purchasing an additional 551 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Invesco S&P MidCap Momentum ETF by 14.9% during the 4th quarter. Thrivent Financial for Lutherans now owns 6,701 shares of the company’s stock valued at $828,000 after purchasing an additional 871 shares during the period. Axxcess Wealth Management LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at $1,925,000. Flagship Wealth Advisors LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at $4,999,000. Finally, Creative Financial Designs Inc. ADV raised its stake in shares of Invesco S&P MidCap Momentum ETF by 14.6% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 10,384 shares of the company’s stock valued at $1,283,000 after purchasing an additional 1,324 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA:XMMO opened at $114.21 on Wednesday. Invesco S&P MidCap Momentum ETF has a 52-week low of $105.77 and a 52-week high of $137.14. The firm has a market cap of $3.47 billion, a price-to-earnings ratio of 16.76 and a beta of 1.04. The business’s fifty day moving average is $124.64 and its 200 day moving average is $124.58.

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.