Principal Securities Inc. Has $9.64 Million Stock Position in Invesco S&P MidCap Momentum ETF $XMMO

Principal Securities Inc. boosted its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 9.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 69,627 shares of the company’s stock after buying an additional 6,279 shares during the period. Principal Securities Inc. owned approximately 0.19% of Invesco S&P MidCap Momentum ETF worth $9,641,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of XMMO. Capstone Wealth Management Group LLC grew its stake in Invesco S&P MidCap Momentum ETF by 148.4% in the 1st quarter. Capstone Wealth Management Group LLC now owns 28,228 shares of the company’s stock valued at $3,211,000 after buying an additional 16,865 shares during the last quarter. AQR Capital Management LLC grew its stake in Invesco S&P MidCap Momentum ETF by 17.4% in the 1st quarter. AQR Capital Management LLC now owns 12,835 shares of the company’s stock valued at $1,460,000 after buying an additional 1,905 shares during the last quarter. Cerity Partners LLC acquired a new position in Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at about $3,587,000. Raymond James Financial Inc. grew its stake in Invesco S&P MidCap Momentum ETF by 5.0% in the 2nd quarter. Raymond James Financial Inc. now owns 667,770 shares of the company’s stock valued at $85,895,000 after buying an additional 31,948 shares during the last quarter. Finally, Jupiter Wealth Management LLC acquired a new position in Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at about $2,120,000.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of XMMO opened at $168.06 on Friday. The firm has a market cap of $7.10 billion, a P/E ratio of 22.06 and a beta of 1.08. Invesco S&P MidCap Momentum ETF has a 52 week low of $123.44 and a 52 week high of $172.23. The firm’s 50-day simple moving average is $161.27 and its 200 day simple moving average is $149.34.

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.