OneDigital Investment Advisors LLC Takes $271,000 Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

OneDigital Investment Advisors LLC purchased a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the fourth quarter, Holdings Channel reports. The firm purchased 2,198 shares of the company’s stock, valued at approximately $271,000.

A number of other large investors have also made changes to their positions in the stock. Hazlett Burt & Watson Inc. acquired a new position in Invesco S&P MidCap Momentum ETF in the fourth quarter valued at approximately $47,000. Synergy Investment Management LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the fourth quarter worth $49,000. Glass Jacobson Investment Advisors llc lifted its stake in Invesco S&P MidCap Momentum ETF by 62.7% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 415 shares of the company’s stock worth $51,000 after purchasing an additional 160 shares in the last quarter. Transcendent Capital Group LLC lifted its stake in Invesco S&P MidCap Momentum ETF by 2,689.5% during the fourth quarter. Transcendent Capital Group LLC now owns 530 shares of the company’s stock worth $65,000 after purchasing an additional 511 shares in the last quarter. Finally, Richardson Financial Services Inc. acquired a new position in Invesco S&P MidCap Momentum ETF during the fourth quarter worth $70,000.

Invesco S&P MidCap Momentum ETF Stock Up 0.7 %

NYSEARCA:XMMO opened at $114.78 on Tuesday. The stock’s fifty day moving average is $113.67 and its two-hundred day moving average is $123.10. Invesco S&P MidCap Momentum ETF has a 52 week low of $97.50 and a 52 week high of $137.14. The stock has a market capitalization of $3.40 billion, a price-to-earnings ratio of 18.80 and a beta of 1.04.

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.