Montecito Bank & Trust Invests $797,000 in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Montecito Bank & Trust bought a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 13,036 shares of the company’s stock, valued at approximately $797,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth $48,000. AdvisorNet Financial Inc acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the third quarter worth $82,000. IFP Advisors Inc acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth $91,000. Creative Financial Designs Inc. ADV lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 2,251.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 9,690 shares of the company’s stock worth $594,000 after buying an additional 9,278 shares during the last quarter. Finally, NEXT Financial Group Inc acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth $651,000.

Shares of Invesco S&P MidCap Momentum ETF stock opened at $63.55 on Wednesday. The firm has a fifty day simple moving average of $61.30 and a 200-day simple moving average of $59.43. Invesco S&P MidCap Momentum ETF has a 1-year low of $48.74 and a 1-year high of $63.75.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 24th were paid a $0.1711 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend was Monday, December 23rd.

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Institutional Ownership by Quarter for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

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