LMG Wealth Partners LLC Has $7.71 Million Stake in Invesco S&P MidCap Momentum ETF $XMMO

LMG Wealth Partners LLC decreased its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 0.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,927 shares of the company’s stock after selling 156 shares during the period. Invesco S&P MidCap Momentum ETF makes up 1.6% of LMG Wealth Partners LLC’s holdings, making the stock its 17th biggest holding. LMG Wealth Partners LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $7,708,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Calton & Associates Inc. acquired a new position in Invesco S&P MidCap Momentum ETF in the first quarter valued at $27,000. Hazlett Burt & Watson Inc. lifted its holdings in Invesco S&P MidCap Momentum ETF by 41.5% in the first quarter. Hazlett Burt & Watson Inc. now owns 539 shares of the company’s stock valued at $60,000 after buying an additional 158 shares during the period. Capital Analysts LLC lifted its holdings in Invesco S&P MidCap Momentum ETF by 17.4% in the first quarter. Capital Analysts LLC now owns 742 shares of the company’s stock valued at $84,000 after buying an additional 110 shares during the period. Wood Tarver Financial Group LLC lifted its holdings in Invesco S&P MidCap Momentum ETF by 18.4% in the first quarter. Wood Tarver Financial Group LLC now owns 919 shares of the company’s stock valued at $105,000 after buying an additional 143 shares during the period. Finally, First Command Advisory Services Inc. lifted its holdings in Invesco S&P MidCap Momentum ETF by 63.2% in the first quarter. First Command Advisory Services Inc. now owns 1,074 shares of the company’s stock valued at $122,000 after buying an additional 416 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Down 0.6%

XMMO stock opened at $134.00 on Monday. The firm has a market cap of $4.63 billion, a price-to-earnings ratio of 22.06 and a beta of 1.01. Invesco S&P MidCap Momentum ETF has a 12-month low of $97.50 and a 12-month high of $137.57. The company’s fifty day simple moving average is $133.42 and its 200 day simple moving average is $126.44.

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.