Prostatis Group LLC Sells 4,704 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Prostatis Group LLC decreased its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 19.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,566 shares of the company’s stock after selling 4,704 shares during the quarter. Prostatis Group LLC owned 0.06% of Invesco S&P MidCap Momentum ETF worth $2,517,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in XMMO. Farther Finance Advisors LLC lifted its position in Invesco S&P MidCap Momentum ETF by 222.3% in the 1st quarter. Farther Finance Advisors LLC now owns 2,198 shares of the company’s stock valued at $253,000 after acquiring an additional 1,516 shares in the last quarter. Southland Equity Partners LLC boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 2.7% in the 1st quarter. Southland Equity Partners LLC now owns 17,064 shares of the company’s stock worth $1,941,000 after buying an additional 445 shares during the last quarter. Hoey Investments Inc. purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the 1st quarter worth approximately $66,000. MFA Wealth Services grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 70.9% in the first quarter. MFA Wealth Services now owns 17,681 shares of the company’s stock valued at $2,011,000 after acquiring an additional 7,336 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC grew its holdings in shares of Invesco S&P MidCap Momentum ETF by 14.9% in the first quarter. Dynamic Advisor Solutions LLC now owns 5,238 shares of the company’s stock valued at $596,000 after acquiring an additional 679 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Down 2.5%

XMMO stock opened at $132.67 on Friday. The firm has a market cap of $4.56 billion, a PE ratio of 22.06 and a beta of 1.01. The business has a 50 day moving average of $132.87 and a 200-day moving average of $125.62. Invesco S&P MidCap Momentum ETF has a 12-month low of $97.50 and a 12-month high of $137.57.

Invesco S&P MidCap Momentum ETF 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.