Focus Financial Network Inc. Decreases Stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Focus Financial Network Inc. lowered its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 2.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 119,849 shares of the company’s stock after selling 2,915 shares during the quarter. Focus Financial Network Inc. owned approximately 0.39% of Invesco S&P MidCap Momentum ETF worth $13,634,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in Invesco S&P MidCap Momentum ETF by 765.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 3,718,606 shares of the company’s stock worth $459,359,000 after acquiring an additional 3,288,932 shares during the last quarter. LPL Financial LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 53.6% in the fourth quarter. LPL Financial LLC now owns 2,679,516 shares of the company’s stock worth $331,001,000 after acquiring an additional 934,570 shares during the last quarter. Clark Capital Management Group Inc. purchased a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter worth approximately $131,274,000. Wells Fargo & Company MN lifted its stake in Invesco S&P MidCap Momentum ETF by 30.3% in the fourth quarter. Wells Fargo & Company MN now owns 836,946 shares of the company’s stock worth $103,388,000 after acquiring an additional 194,792 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Invesco S&P MidCap Momentum ETF by 432.6% during the 4th quarter. Cetera Investment Advisers now owns 616,435 shares of the company’s stock worth $76,148,000 after buying an additional 500,684 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Trading Down 1.0%

Shares of NYSEARCA:XMMO opened at $125.02 on Wednesday. The company has a market capitalization of $3.80 billion, a PE ratio of 20.45 and a beta of 1.05. Invesco S&P MidCap Momentum ETF has a twelve month low of $97.50 and a twelve month high of $137.14. The firm has a 50 day simple moving average of $117.51 and a 200-day simple moving average of $122.42.

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.