Family Investment Center Inc. Raises Stock Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Family Investment Center Inc. raised its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 555.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 95,809 shares of the company’s stock after purchasing an additional 81,193 shares during the quarter. Invesco S&P MidCap Momentum ETF comprises 2.7% of Family Investment Center Inc.’s investment portfolio, making the stock its 12th biggest position. Family Investment Center Inc. owned 0.32% of Invesco S&P MidCap Momentum ETF worth $10,899,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Aptus Capital Advisors LLC lifted its holdings in 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 acquiring an additional 200 shares during the last quarter. Hazlett Burt & Watson Inc. purchased a new stake in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at $47,000. Synergy Investment Management LLC acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $49,000. Glass Jacobson Investment Advisors llc lifted its stake in shares of 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 last quarter. Finally, Ameriflex Group Inc. purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter worth $51,000.

Invesco S&P MidCap Momentum ETF Trading Up 1.4%

Shares of NYSEARCA:XMMO opened at $127.60 on Friday. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 22.06 and a beta of 1.01. Invesco S&P MidCap Momentum ETF has a 12-month low of $97.50 and a 12-month high of $137.14. The business has a 50-day moving average price of $121.82 and a 200 day moving average price of $121.73.

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.