Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Shares Purchased by Citigroup Inc.

Citigroup Inc. raised its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 17.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 143,678 shares of the company’s stock after buying an additional 21,459 shares during the period. Citigroup Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $16,345,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of XMMO. Clark Capital Management Group Inc. acquired a new position in Invesco S&P MidCap Momentum ETF during the 4th quarter valued at about $131,274,000. Cetera Investment Advisers increased its stake in 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 valued at $76,148,000 after buying an additional 500,684 shares during the period. Davidson Capital Management Inc. acquired a new position in Invesco S&P MidCap Momentum ETF during the 1st quarter valued at about $30,938,000. Bank of America Corp DE increased its stake in Invesco S&P MidCap Momentum ETF by 28.6% during the 4th quarter. Bank of America Corp DE now owns 501,038 shares of the company’s stock valued at $61,893,000 after buying an additional 111,280 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in Invesco S&P MidCap Momentum ETF by 25.7% during the 4th quarter. Ameriprise Financial Inc. now owns 505,958 shares of the company’s stock valued at $62,505,000 after buying an additional 103,376 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Up 0.1%

Invesco S&P MidCap Momentum ETF stock opened at $132.06 on Thursday. The stock has a market cap of $4.22 billion, a price-to-earnings ratio of 22.06 and a beta of 1.01. The company’s 50-day moving average price is $128.65 and its two-hundred day moving average price is $122.40. Invesco S&P MidCap Momentum ETF has a 52 week low of $97.50 and a 52 week high of $137.14.

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.