MGO One Seven LLC Sells 405 Shares of Invesco S&P MidCap Momentum ETF $XMMO

MGO One Seven LLC reduced its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 5.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,512 shares of the company’s stock after selling 405 shares during the quarter. MGO One Seven LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $966,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Hazlett Burt & Watson Inc. boosted its position in shares of Invesco S&P MidCap Momentum ETF by 24.5% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 671 shares of the company’s stock worth $87,000 after purchasing an additional 132 shares in the last quarter. Fischer Investment Strategies LLC bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter worth approximately $950,000. Trust Co. of Toledo NA OH bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 2nd quarter worth approximately $1,173,000. Blair William & Co. IL boosted its position in shares of Invesco S&P MidCap Momentum ETF by 1,318.8% in the 2nd quarter. Blair William & Co. IL now owns 41,797 shares of the company’s stock worth $5,376,000 after purchasing an additional 38,851 shares in the last quarter. Finally, Mainstay Capital Management LLC ADV boosted its position in shares of Invesco S&P MidCap Momentum ETF by 102.3% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 558,008 shares of the company’s stock worth $71,777,000 after purchasing an additional 282,194 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Down 1.2%

Shares of XMMO opened at $134.85 on Friday. The business’s 50 day moving average price is $133.34 and its 200-day moving average price is $126.14. Invesco S&P MidCap Momentum ETF has a 52 week low of $97.50 and a 52 week high of $137.57. The stock has a market cap of $4.66 billion, a P/E ratio of 22.06 and a beta of 1.01.

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.