Gateway Wealth Partners LLC bought a new stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,779 shares of the company’s stock, valued at approximately $548,000.
Several other hedge funds also recently made changes to their positions in the company. &PARTNERS lifted its position in Invesco S&P MidCap Momentum ETF by 2.0% during the fourth quarter. &PARTNERS now owns 3,501 shares of the company’s stock valued at $485,000 after buying an additional 70 shares during the period. Pacific Sun Financial Corp grew its position in shares of Invesco S&P MidCap Momentum ETF by 1.6% in the 1st quarter. Pacific Sun Financial Corp now owns 5,163 shares of the company’s stock worth $749,000 after buying an additional 80 shares during the period. Oppenheimer & Co. Inc. grew its position in shares of Invesco S&P MidCap Momentum ETF by 0.7% in the 4th quarter. Oppenheimer & Co. Inc. now owns 11,845 shares of the company’s stock worth $1,640,000 after buying an additional 86 shares during the period. Advisory Services Network LLC increased its stake in shares of Invesco S&P MidCap Momentum ETF by 2.4% in the 3rd quarter. Advisory Services Network LLC now owns 4,004 shares of the company’s stock worth $541,000 after acquiring an additional 95 shares in the last quarter. Finally, Meridian Financial Advisors LLC lifted its position in Invesco S&P MidCap Momentum ETF by 2.6% during the 1st quarter. Meridian Financial Advisors LLC now owns 3,875 shares of the company’s stock valued at $562,000 after acquiring an additional 100 shares during the period.
Invesco S&P MidCap Momentum ETF Price Performance
NYSEARCA:XMMO opened at $153.95 on Friday. Invesco S&P MidCap Momentum ETF has a one year low of $126.64 and a one year high of $173.94. The company’s 50-day simple moving average is $164.75 and its 200 day simple moving average is $155.33. The firm has a market capitalization of $7.12 billion, a P/E ratio of 22.06 and a beta of 1.08.
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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