Ferguson Shapiro LLC Reduces Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Ferguson Shapiro LLC cut its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 3.1% in the 1st quarter, Holdings Channel reports. The institutional investor owned 4,279 shares of the company’s stock after selling 137 shares during the period. Ferguson Shapiro LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $487,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sculati Wealth Management LLC boosted its stake in Invesco S&P MidCap Momentum ETF by 0.4% in the 4th quarter. Sculati Wealth Management LLC now owns 24,002 shares of the company’s stock worth $2,965,000 after purchasing an additional 97 shares during the period. PNC Financial Services Group Inc. grew its stake in Invesco S&P MidCap Momentum ETF by 4.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,828 shares of the company’s stock valued at $349,000 after acquiring an additional 113 shares in the last quarter. First Command Advisory Services Inc. lifted its stake in Invesco S&P MidCap Momentum ETF by 30.0% in the 4th quarter. First Command Advisory Services Inc. now owns 658 shares of the company’s stock worth $81,000 after purchasing an additional 152 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 4.8% in the 1st quarter. International Assets Investment Management LLC now owns 3,417 shares of the company’s stock valued at $389,000 after purchasing an additional 156 shares during the period. Finally, Glass Jacobson Investment Advisors llc boosted its holdings in Invesco S&P MidCap Momentum ETF by 62.7% in the 4th 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.

Invesco S&P MidCap Momentum ETF Stock Performance

Invesco S&P MidCap Momentum ETF stock opened at $126.74 on Wednesday. The stock has a market cap of $3.87 billion, a P/E ratio of 22.06 and a beta of 1.05. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $97.50 and a fifty-two week high of $137.14. The firm’s fifty day moving average price is $121.12 and its 200-day moving average price is $121.73.

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.