Sound Income Strategies LLC Increases Holdings in Invesco S&P MidCap Momentum ETF $XMMO

Sound Income Strategies LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 67.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 66,916 shares of the company’s stock after purchasing an additional 27,024 shares during the period. Sound Income Strategies LLC owned 0.18% of Invesco S&P MidCap Momentum ETF worth $9,580,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Secure Asset Management LLC boosted its position in Invesco S&P MidCap Momentum ETF by 11.9% during the 4th quarter. Secure Asset Management LLC now owns 72,642 shares of the company’s stock worth $10,058,000 after purchasing an additional 7,753 shares during the period. Realta Investment Advisors purchased a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter worth $28,000. Ethos Financial Group LLC purchased a new stake in Invesco S&P MidCap Momentum ETF during the 4th quarter worth $7,564,000. Accel Wealth Management boosted its position in Invesco S&P MidCap Momentum ETF by 11.1% during the 4th quarter. Accel Wealth Management now owns 24,781 shares of the company’s stock worth $3,431,000 after purchasing an additional 2,482 shares during the period. Finally, Sovran Advisors LLC boosted its position in Invesco S&P MidCap Momentum ETF by 55.2% during the 4th quarter. Sovran Advisors LLC now owns 17,678 shares of the company’s stock worth $2,548,000 after purchasing an additional 6,288 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Down 0.1%

Shares of Invesco S&P MidCap Momentum ETF stock opened at $147.51 on Tuesday. The company has a fifty day moving average price of $145.77 and a 200 day moving average price of $140.47. Invesco S&P MidCap Momentum ETF has a twelve month low of $97.50 and a twelve month high of $152.42. The stock has a market cap of $5.93 billion, a price-to-earnings ratio of 22.06 and a beta of 1.05.

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.