Elm3 Financial Group LLC Purchases New Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Elm3 Financial Group LLC acquired a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 4th quarter, Holdings Channel reports. The firm acquired 25,534 shares of the company’s stock, valued at approximately $3,154,000. Invesco S&P MidCap Momentum ETF makes up 2.7% of Elm3 Financial Group LLC’s holdings, making the stock its 11th biggest holding.

Other large investors have also bought and sold shares of the company. Howe & Rusling Inc. purchased a new position in Invesco S&P MidCap Momentum ETF during the 3rd quarter valued at about $30,000. NBC Securities Inc. lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 83.7% during the third quarter. NBC Securities Inc. now owns 461 shares of the company’s stock valued at $55,000 after purchasing an additional 210 shares during the last quarter. Richardson Financial Services Inc. purchased a new position in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at $70,000. Investors Research Corp boosted its holdings in Invesco S&P MidCap Momentum ETF by 127.2% in the third quarter. Investors Research Corp now owns 718 shares of the company’s stock worth $86,000 after acquiring an additional 402 shares in the last quarter. Finally, Lion Street Advisors LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the third quarter worth $200,000.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO opened at $131.19 on Thursday. The firm has a market cap of $2.57 billion, a PE ratio of 19.24 and a beta of 1.12. The stock has a 50-day moving average price of $128.87 and a 200-day moving average price of $123.42. Invesco S&P MidCap Momentum ETF has a 1 year low of $96.59 and a 1 year high of $137.14.

Invesco S&P MidCap Momentum ETF 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.