Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Shares Sold by Mascagni Wealth Management Inc.

Mascagni Wealth Management Inc. trimmed its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 48.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,251 shares of the company’s stock after selling 2,075 shares during the period. Mascagni Wealth Management Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $278,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in XMMO. Deutsche Bank AG lifted its position in shares of Invesco S&P MidCap Momentum ETF by 45.0% in the 4th quarter. Deutsche Bank AG now owns 3,275 shares of the company’s stock worth $405,000 after buying an additional 1,017 shares during the last quarter. Jane Street Group LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter valued at about $832,000. Farther Finance Advisors LLC lifted its position in Invesco S&P MidCap Momentum ETF by 222.3% in the 1st quarter. Farther Finance Advisors LLC now owns 2,198 shares of the company’s stock valued at $253,000 after purchasing an additional 1,516 shares during the last quarter. Dynamic Advisor Solutions LLC increased its stake in Invesco S&P MidCap Momentum ETF by 14.9% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 5,238 shares of the company’s stock valued at $596,000 after buying an additional 679 shares during the period. Finally, Thrivent Financial for Lutherans increased its stake in Invesco S&P MidCap Momentum ETF by 14.9% during the 4th quarter. Thrivent Financial for Lutherans now owns 6,701 shares of the company’s stock valued at $828,000 after buying an additional 871 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Up 1.0%

Invesco S&P MidCap Momentum ETF stock opened at $125.77 on Tuesday. The stock has a market cap of $3.84 billion, a price-to-earnings ratio of 22.06 and a beta of 1.05. The company’s 50-day moving average price is $120.81 and its two-hundred day moving average price is $121.70. Invesco S&P MidCap Momentum ETF has a 52 week low of $97.50 and a 52 week high of $137.14.

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.