Kingswood Wealth Advisors LLC Lowers Holdings in Invesco S&P MidCap Momentum ETF $XMMO

Kingswood Wealth Advisors LLC reduced its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 16.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,788 shares of the company’s stock after selling 1,689 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,130,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Calton & Associates Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter worth $27,000. Hazlett Burt & Watson Inc. boosted its position in shares of Invesco S&P MidCap Momentum ETF by 41.5% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 539 shares of the company’s stock worth $60,000 after purchasing an additional 158 shares in the last quarter. Hoey Investments Inc. purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter worth $66,000. Capital Analysts LLC boosted its position in shares of Invesco S&P MidCap Momentum ETF by 17.4% during the 1st quarter. Capital Analysts LLC now owns 742 shares of the company’s stock worth $84,000 after purchasing an additional 110 shares in the last quarter. Finally, Wood Tarver Financial Group LLC boosted its position in shares of Invesco S&P MidCap Momentum ETF by 18.4% during the 1st quarter. Wood Tarver Financial Group LLC now owns 919 shares of the company’s stock worth $105,000 after purchasing an additional 143 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of NYSEARCA XMMO opened at $137.26 on Thursday. The firm has a market capitalization of $4.71 billion, a P/E ratio of 22.06 and a beta of 1.01. Invesco S&P MidCap Momentum ETF has a one year low of $97.50 and a one year high of $137.32. The company’s fifty day moving average is $132.68 and its two-hundred day moving average is $125.33.

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.