Stratos Wealth Partners LTD. Boosts Holdings in Invesco S&P MidCap Momentum ETF $XMMO

Stratos Wealth Partners LTD. lifted its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 4.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 20,252 shares of the company’s stock after buying an additional 912 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Invesco S&P MidCap Momentum ETF were worth $2,605,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of XMMO. Mainstay Capital Management LLC ADV lifted its position in shares of Invesco S&P MidCap Momentum ETF by 102.3% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 558,008 shares of the company’s stock worth $71,777,000 after purchasing an additional 282,194 shares during the period. Jones Financial Companies Lllp boosted its stake in 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 worth $40,619,000 after acquiring an additional 224,424 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in 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 worth $78,662,000 after acquiring an additional 185,360 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in 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 worth $91,758,000 after acquiring an additional 173,649 shares in the last quarter. Finally, CW Advisors LLC bought a new stake in Invesco S&P MidCap Momentum ETF during the first quarter worth about $12,010,000.

Invesco S&P MidCap Momentum ETF Stock Down 0.6%

Invesco S&P MidCap Momentum ETF stock opened at $134.00 on Monday. The company has a market capitalization of $4.63 billion, a P/E ratio of 22.06 and a beta of 1.01. The stock’s 50 day moving average is $133.42 and its 200 day moving average is $126.44. Invesco S&P MidCap Momentum ETF has a twelve month low of $97.50 and a twelve month high of $137.57.

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.