Grandview Asset Management LLC bought a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,308 shares of the company’s stock, valued at approximately $945,000.
Several other institutional investors also recently bought and sold shares of XMMO. JBR Co Financial Management Inc raised its position in shares of Invesco S&P MidCap Momentum ETF by 25.2% in the first quarter. JBR Co Financial Management Inc now owns 9,483 shares of the company’s stock valued at $1,079,000 after purchasing an additional 1,910 shares during the period. Kingswood Wealth Advisors LLC grew its stake in Invesco S&P MidCap Momentum ETF by 31.5% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 10,477 shares of the company’s stock valued at $1,192,000 after buying an additional 2,508 shares during the last quarter. Lion Street Advisors LLC raised its holdings in Invesco S&P MidCap Momentum ETF by 59.4% in the 1st quarter. Lion Street Advisors LLC now owns 6,124 shares of the company’s stock worth $697,000 after acquiring an additional 2,281 shares during the period. Financial Freedom LLC raised its holdings in Invesco S&P MidCap Momentum ETF by 936.1% in the 1st quarter. Financial Freedom LLC now owns 5,771 shares of the company’s stock worth $656,000 after acquiring an additional 5,214 shares during the period. Finally, Vicus Capital boosted its holdings in Invesco S&P MidCap Momentum ETF by 46.7% during the first quarter. Vicus Capital now owns 30,018 shares of the company’s stock valued at $3,415,000 after acquiring an additional 9,549 shares during the period.
Invesco S&P MidCap Momentum ETF Trading Down 0.5%
XMMO opened at $124.51 on Wednesday. Invesco S&P MidCap Momentum ETF has a 1-year low of $97.50 and a 1-year high of $137.14. The business has a 50 day moving average of $119.56 and a 200-day moving average of $122.05. The stock has a market capitalization of $3.78 billion, a price-to-earnings ratio of 20.45 and a beta of 1.05.
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.
Featured Stories
- Five stocks we like better than Invesco S&P MidCap Momentum ETF
- The Significance of Brokerage Rankings in Stock Selection
- Can Luckin and Dutch Bros Take Market Share From Starbucks?
- Which Wall Street Analysts are the Most Accurate?
- Analyst Downgrades Joby, But Overlooks Major Regulatory Wins
- Should You Invest in Penny Stocks?
- U.S. Steel Stock Burns the Bears With Surprise Upside Move
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.