Hazlett Burt & Watson Inc. Buys 132 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Hazlett Burt & Watson Inc. increased its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 24.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 671 shares of the company’s stock after purchasing an additional 132 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $87,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of XMMO. Mainstay Capital Management LLC ADV grew its stake in shares of Invesco S&P MidCap Momentum ETF by 102.3% during the second quarter. Mainstay Capital Management LLC ADV now owns 558,008 shares of the company’s stock valued at $71,777,000 after purchasing an additional 282,194 shares during the last quarter. Davidson Capital Management Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the first quarter valued at approximately $30,938,000. Jones Financial Companies Lllp grew its stake in shares of Invesco S&P MidCap Momentum ETF by 169.2% during the first quarter. Jones Financial Companies Lllp now owns 357,062 shares of the company’s stock valued at $40,619,000 after purchasing an additional 224,424 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 36.6% during the first quarter. Ameriprise Financial Inc. now owns 691,318 shares of the company’s stock valued at $78,662,000 after purchasing an additional 185,360 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 27.4% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 806,591 shares of the company’s stock valued at $91,758,000 after purchasing an additional 173,649 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO opened at $135.27 on Tuesday. Invesco S&P MidCap Momentum ETF has a one year low of $97.50 and a one year high of $137.57. The company’s 50 day simple moving average is $132.97 and its 200-day simple moving average is $125.85. The stock has a market capitalization of $4.66 billion, a P/E ratio of 22.06 and a beta of 1.01.

About Invesco S&P MidCap Momentum ETF

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.