Seaview Investment Managers LLC acquired a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) during the 4th quarter, HoldingsChannel reports. The fund acquired 47,644 shares of the company’s stock, valued at approximately $5,885,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. American Trust raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 1.1% in the 3rd 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 raised its stake in shares of 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 buying an additional 100 shares during the period. Advisory Alpha LLC lifted its position in shares of Invesco S&P MidCap Momentum ETF by 6.4% during the 4th quarter. Advisory Alpha LLC now owns 1,850 shares of the company’s stock valued at $229,000 after buying an additional 112 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Invesco S&P MidCap Momentum ETF by 4.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,828 shares of the company’s stock worth $349,000 after acquiring an additional 113 shares during the last quarter. Finally, First Command Advisory Services Inc. lifted its holdings in Invesco S&P MidCap Momentum ETF by 30.0% during the fourth 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 last quarter.
Invesco S&P MidCap Momentum ETF Stock Up 0.5 %
XMMO opened at $109.65 on Friday. The firm has a 50-day moving average price of $115.64 and a 200-day moving average price of $123.47. Invesco S&P MidCap Momentum ETF has a twelve month low of $97.50 and a twelve month high of $137.14. The company has a market capitalization of $3.34 billion, a price-to-earnings ratio of 16.68 and a beta of 1.04.
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.
See Also
- Five stocks we like better than Invesco S&P MidCap Momentum ETF
- Stock Dividend Cuts Happen Are You Ready?
- J.B. Hunt Transport Overcorrects Into a Buying Opportunity
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- AppLovin: Can Record Profits Overcome Market Skepticism?
- Ride Out The Recession With These Dividend Kings
- MarketBeat Week in Review – 04/14 – 04/18
Want to see what other hedge funds are holding XMMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report).
Receive News & Ratings for Invesco S&P MidCap Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
