Fermata Advisors LLC Boosts Stock Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Fermata Advisors LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 293.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,744 shares of the company’s stock after purchasing an additional 9,506 shares during the quarter. Fermata Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,450,000 at the end of the most recent quarter.

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

Invesco S&P MidCap Momentum ETF Price Performance

XMMO opened at $125.36 on Thursday. The business has a 50 day simple moving average of $116.55 and a 200-day simple moving average of $122.61. The stock has a market capitalization of $3.81 billion, a P/E ratio of 20.45 and a beta of 1.05. Invesco S&P MidCap Momentum ETF has a 12 month low of $97.50 and a 12 month high of $137.14.

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.