SteelPeak Wealth LLC Acquires New Shares in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

SteelPeak Wealth LLC bought a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 37,737 shares of the company’s stock, valued at approximately $4,662,000. SteelPeak Wealth LLC owned approximately 0.19% of Invesco S&P MidCap Momentum ETF at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. LPL Financial LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 19.3% in the 3rd quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock worth $209,969,000 after buying an additional 282,112 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 2.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 321,240 shares of the company’s stock worth $36,619,000 after acquiring an additional 7,717 shares during the period. Affinity Wealth Management LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 1.5% during the third quarter. Affinity Wealth Management LLC now owns 253,773 shares of the company’s stock valued at $30,537,000 after purchasing an additional 3,810 shares during the last quarter. Foundations Investment Advisors LLC lifted its position in Invesco S&P MidCap Momentum ETF by 28.5% during the fourth quarter. Foundations Investment Advisors LLC now owns 216,405 shares of the company’s stock valued at $26,732,000 after purchasing an additional 47,969 shares during the period. Finally, Great Valley Advisor Group Inc. grew its position in Invesco S&P MidCap Momentum ETF by 3.4% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 186,324 shares of the company’s stock worth $22,420,000 after purchasing an additional 6,111 shares during the period.

Invesco S&P MidCap Momentum ETF Price Performance

NYSEARCA XMMO opened at $129.72 on Wednesday. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 1-year low of $92.76 and a 1-year high of $137.14. The business’s fifty day moving average price is $129.27 and its 200-day moving average price is $122.81.

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.