NewEdge Advisors LLC Increases Stock Holdings in Invesco S&P MidCap Momentum ETF $XMMO

NewEdge Advisors LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 73.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,283 shares of the company’s stock after buying an additional 33,256 shares during the period. NewEdge Advisors LLC owned approximately 0.19% of Invesco S&P MidCap Momentum ETF worth $11,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Optima Capital LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter worth about $26,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Invesco S&P MidCap Momentum ETF during the fourth quarter valued at about $28,000. AlphaCore Capital LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at approximately $34,000. Park Square Financial Group LLC acquired a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $36,000. Finally, Eagle Bay Advisors LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the 4th quarter valued at approximately $39,000.

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Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA XMMO opened at $161.98 on Monday. The company has a fifty day simple moving average of $163.69 and a two-hundred day simple moving average of $156.00. The stock has a market cap of $7.53 billion, a P/E ratio of 22.06 and a beta of 1.09. Invesco S&P MidCap Momentum ETF has a 12-month low of $128.83 and a 12-month high of $173.94.

About Invesco S&P MidCap Momentum ETF

(Free Report)

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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