Cetera Investment Advisers Has $76.15 Million Stock Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Cetera Investment Advisers lifted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 432.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 616,435 shares of the company’s stock after buying an additional 500,684 shares during the period. Cetera Investment Advisers’ holdings in Invesco S&P MidCap Momentum ETF were worth $76,148,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of XMMO. Aptus Capital Advisors LLC raised its position in shares of Invesco S&P MidCap Momentum ETF by 571.4% in the fourth quarter. Aptus Capital Advisors LLC now owns 235 shares of the company’s stock valued at $29,000 after purchasing an additional 200 shares during the period. Hazlett Burt & Watson Inc. bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter worth $47,000. Synergy Investment Management LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the 4th quarter worth $49,000. Glass Jacobson Investment Advisors llc lifted its position in shares of Invesco S&P MidCap Momentum ETF by 62.7% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 415 shares of the company’s stock worth $51,000 after purchasing an additional 160 shares during the last quarter. Finally, Transcendent Capital Group LLC boosted its stake in Invesco S&P MidCap Momentum ETF by 2,689.5% during the 4th quarter. Transcendent Capital Group LLC now owns 530 shares of the company’s stock valued at $65,000 after purchasing an additional 511 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Down 0.8 %

Shares of NYSEARCA XMMO opened at $118.47 on Wednesday. Invesco S&P MidCap Momentum ETF has a 12 month low of $97.50 and a 12 month high of $137.14. The company has a market cap of $3.51 billion, a P/E ratio of 18.80 and a beta of 1.04. The business’s 50 day moving average is $113.13 and its two-hundred day moving average is $122.81.

Invesco S&P MidCap Momentum ETF 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.