58,757 Shares in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Purchased by Atlas Legacy Advisors LLC

Atlas Legacy Advisors LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 58,757 shares of the company’s stock, valued at approximately $7,258,000. Invesco S&P MidCap Momentum ETF accounts for 1.8% of Atlas Legacy Advisors LLC’s portfolio, making the stock its 18th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. American Trust lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 1.1% during the third quarter. American Trust now owns 7,835 shares of the company’s stock worth $943,000 after purchasing an additional 84 shares during the period. Meridian Financial LLC lifted its holdings in Invesco S&P MidCap Momentum ETF by 3.2% in the fourth quarter. Meridian Financial LLC now owns 3,250 shares of the company’s stock valued at $401,000 after acquiring an additional 100 shares during the period. Advisory Alpha LLC lifted its holdings in Invesco S&P MidCap Momentum ETF by 6.4% in the fourth quarter. Advisory Alpha LLC now owns 1,850 shares of the company’s stock valued at $229,000 after acquiring an additional 112 shares during the period. Atria Investments Inc lifted its holdings in Invesco S&P MidCap Momentum ETF by 0.9% in the third quarter. Atria Investments Inc now owns 13,115 shares of the company’s stock valued at $1,578,000 after acquiring an additional 122 shares during the period. Finally, Prime Capital Investment Advisors LLC lifted its holdings in Invesco S&P MidCap Momentum ETF by 0.4% in the third quarter. Prime Capital Investment Advisors LLC now owns 35,537 shares of the company’s stock valued at $4,276,000 after acquiring an additional 126 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Up 0.6 %

Shares of NYSEARCA:XMMO opened at $129.04 on Wednesday. Invesco S&P MidCap Momentum ETF has a 12-month low of $100.42 and a 12-month high of $137.14. The company has a market capitalization of $2.53 billion, a PE ratio of 19.24 and a beta of 1.12. The business has a 50 day moving average of $127.96 and a two-hundred day moving average of $124.22.

About Invesco S&P MidCap Momentum ETF

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.