Invesco S&P MidCap Momentum ETF $XMMO Shares Purchased by Sound Income Strategies LLC

Sound Income Strategies LLC boosted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 11.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 103,673 shares of the company’s stock after acquiring an additional 11,043 shares during the quarter. Sound Income Strategies LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $15,279,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 22.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,295,928 shares of the company’s stock worth $220,489,000 after purchasing an additional 234,003 shares during the period. Cetera Investment Advisers increased its holdings in Invesco S&P MidCap Momentum ETF by 9.2% in the first quarter. Cetera Investment Advisers now owns 1,367,490 shares of the company’s stock valued at $198,313,000 after purchasing an additional 115,655 shares during the period. Bank of America Corp DE increased its holdings in Invesco S&P MidCap Momentum ETF by 13.4% in the first quarter. Bank of America Corp DE now owns 785,643 shares of the company’s stock valued at $113,934,000 after purchasing an additional 92,770 shares during the period. Great Valley Advisor Group Inc. raised its position in Invesco S&P MidCap Momentum ETF by 89.1% during the 4th quarter. Great Valley Advisor Group Inc. now owns 399,276 shares of the company’s stock worth $55,284,000 after purchasing an additional 188,111 shares during the last quarter. Finally, Royal Bank of Canada raised its position in Invesco S&P MidCap Momentum ETF by 45.9% during the 1st quarter. Royal Bank of Canada now owns 372,930 shares of the company’s stock worth $54,082,000 after purchasing an additional 117,316 shares during the last quarter.

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Invesco S&P MidCap Momentum ETF Stock Up 1.0%

Invesco S&P MidCap Momentum ETF stock traded up $1.41 during mid-day trading on Friday, hitting $148.79. 361,279 shares of the stock were exchanged, compared to its average volume of 350,031. Invesco S&P MidCap Momentum ETF has a 12 month low of $129.31 and a 12 month high of $173.94. The firm’s fifty day simple moving average is $153.62 and its two-hundred day simple moving average is $158.34. The stock has a market capitalization of $7.11 billion, a price-to-earnings ratio of 22.06 and a beta of 1.10.

Invesco S&P MidCap Momentum ETF Company Profile

(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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