NewEdge Advisors LLC increased its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 98.9% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 155,686 shares of the company’s stock after buying an additional 77,403 shares during the period. NewEdge Advisors LLC owned 0.33% of Invesco S&P MidCap Momentum ETF worth $26,489,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new position in Invesco S&P MidCap Momentum ETF during the fourth quarter worth about $28,000. AlphaCore Capital LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at about $34,000. Park Square Financial Group LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at about $36,000. Signature Equity Partners LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter valued at about $46,000. Finally, Aptus Capital Advisors LLC boosted its position in shares of Invesco S&P MidCap Momentum ETF by 2,293.8% during the 3rd quarter. Aptus Capital Advisors LLC now owns 383 shares of the company’s stock valued at $52,000 after acquiring an additional 367 shares during the last quarter.
Invesco S&P MidCap Momentum ETF Trading Down 1.2%
Shares of NYSEARCA XMMO opened at $153.76 on Thursday. The business has a 50-day moving average of $158.42 and a 200-day moving average of $158.18. The firm has a market capitalization of $7.15 billion, a price-to-earnings ratio of 22.06 and a beta of 1.09. Invesco S&P MidCap Momentum ETF has a 12 month low of $129.31 and a 12 month high of $173.94.
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.
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