Symphony Financial Services Inc. Purchases 1,249 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Symphony Financial Services Inc. grew its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 4.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,521 shares of the company’s stock after buying an additional 1,249 shares during the period. Invesco S&P MidCap Momentum ETF accounts for approximately 2.5% of Symphony Financial Services Inc.’s holdings, making the stock its 13th biggest position. Symphony Financial Services Inc. owned 0.10% of Invesco S&P MidCap Momentum ETF worth $4,183,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Golden State Wealth Management LLC bought a new stake in Invesco S&P MidCap Momentum ETF during the second quarter worth about $28,000. Briaud Financial Planning Inc purchased a new position in shares of Invesco S&P MidCap Momentum ETF during the second quarter valued at approximately $29,000. Calton & Associates Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 1st quarter worth approximately $27,000. Parkside Financial Bank & Trust purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter worth approximately $62,000. Finally, Allworth Financial LP purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter worth approximately $68,000.

Invesco S&P MidCap Momentum ETF Trading Down 0.5%

Shares of NYSEARCA:XMMO opened at $137.00 on Wednesday. The stock has a fifty day simple moving average of $135.13 and a two-hundred day simple moving average of $129.87. Invesco S&P MidCap Momentum ETF has a 12-month low of $97.50 and a 12-month high of $139.26. The stock has a market capitalization of $4.79 billion, a price-to-earnings ratio of 22.06 and a beta of 1.05.

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.