Kellett Wealth Advisors LLC decreased its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 47.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 20,176 shares of the company’s stock after selling 18,536 shares during the period. Invesco S&P MidCap Momentum ETF makes up about 1.2% of Kellett Wealth Advisors LLC’s portfolio, making the stock its 15th largest position. Kellett Wealth Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $2,961,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also bought and sold shares of XMMO. Total Clarity Wealth Management Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the first quarter valued at about $916,000. Envestnet Asset Management Inc. boosted its holdings in 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 last quarter. Monetary Solutions Ltd purchased a new position in Invesco S&P MidCap Momentum ETF during the fourth quarter worth about $2,068,000. NewEdge Advisors LLC grew its position in Invesco S&P MidCap Momentum ETF by 98.9% in the 2nd quarter. NewEdge Advisors LLC now owns 155,686 shares of the company’s stock worth $26,489,000 after purchasing an additional 77,403 shares in the last quarter. Finally, RFG Advisory LLC grew its position in Invesco S&P MidCap Momentum ETF by 44.4% in the 1st quarter. RFG Advisory LLC now owns 42,702 shares of the company’s stock worth $6,193,000 after purchasing an additional 13,123 shares in the last quarter.
Invesco S&P MidCap Momentum ETF Stock Performance
NYSEARCA:XMMO opened at $143.26 on Thursday. Invesco S&P MidCap Momentum ETF has a 52 week low of $129.31 and a 52 week high of $173.94. The firm has a 50-day moving average price of $152.83 and a two-hundred day moving average price of $158.39. The firm has a market cap of $6.88 billion, a price-to-earnings ratio of 22.06 and a beta of 1.10.
Invesco S&P MidCap Momentum ETF Company 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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