Evolution Advisers Inc. Purchases New Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Evolution Advisers Inc. purchased a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the fourth quarter, Holdings Channel reports. The firm purchased 569 shares of the company’s stock, valued at approximately $50,000.

A number of other large investors have also recently modified their holdings of XMMO. Raymond James Financial Services Advisors Inc. increased its position in shares of Invesco S&P MidCap Momentum ETF by 45.8% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 388,880 shares of the company’s stock worth $34,925,000 after purchasing an additional 122,233 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in shares of Invesco S&P MidCap Momentum ETF by 7.7% during the third quarter. Oppenheimer & Co. Inc. now owns 3,717 shares of the company’s stock worth $299,000 after purchasing an additional 267 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its position in shares of Invesco S&P MidCap Momentum ETF by 4.4% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 12,121 shares of the company’s stock worth $1,089,000 after purchasing an additional 506 shares in the last quarter. Accel Wealth Management increased its position in shares of Invesco S&P MidCap Momentum ETF by 6.9% during the fourth quarter. Accel Wealth Management now owns 11,164 shares of the company’s stock worth $1,003,000 after purchasing an additional 717 shares in the last quarter. Finally, Mutual Advisors LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth $211,000.

Invesco S&P MidCap Momentum ETF Trading Down 0.0 %

Shares of XMMO stock traded down $0.05 during trading hours on Thursday, reaching $109.67. 76,091 shares of the company’s stock were exchanged, compared to its average volume of 213,463. The stock’s 50 day moving average is $110.15 and its 200-day moving average is $94.73. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 19.55 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $72.49 and a fifty-two week high of $116.53.

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.