ProVise Management Group LLC Raises Stock Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

ProVise Management Group LLC increased its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 50,311 shares of the company’s stock after acquiring an additional 551 shares during the quarter. ProVise Management Group LLC owned approximately 0.26% of Invesco S&P MidCap Momentum ETF worth $6,215,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Howe & Rusling Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 3rd quarter worth approximately $30,000. Synergy Investment Management LLC purchased a new position in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at approximately $49,000. Transcendent Capital Group LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 2,689.5% during the 4th quarter. Transcendent Capital Group LLC now owns 530 shares of the company’s stock worth $65,000 after acquiring an additional 511 shares during the period. Richardson Financial Services Inc. purchased a new stake in Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $70,000. Finally, First Command Advisory Services Inc. boosted its holdings in Invesco S&P MidCap Momentum ETF by 30.0% in the 4th quarter. First Command Advisory Services Inc. now owns 658 shares of the company’s stock valued at $81,000 after purchasing an additional 152 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of XMMO stock opened at $114.21 on Wednesday. The company has a market capitalization of $3.47 billion, a PE ratio of 16.76 and a beta of 1.04. Invesco S&P MidCap Momentum ETF has a 52-week low of $105.77 and a 52-week high of $137.14. The business’s fifty day moving average is $124.64 and its 200 day moving average is $124.58.

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.