TruWealth Advisors LLC Acquires 10,585 Shares of Invesco S&P MidCap Momentum ETF $XMMO

TruWealth Advisors LLC lifted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 68.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,021 shares of the company’s stock after purchasing an additional 10,585 shares during the period. TruWealth Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $3,519,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Mainstay Capital Management LLC ADV boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 102.3% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 558,008 shares of the company’s stock worth $71,777,000 after buying an additional 282,194 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of Invesco S&P MidCap Momentum ETF by 169.2% in the 1st quarter. Jones Financial Companies Lllp now owns 357,062 shares of the company’s stock valued at $40,619,000 after acquiring an additional 224,424 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Invesco S&P MidCap Momentum ETF by 36.6% during the 1st quarter. Ameriprise Financial Inc. now owns 691,318 shares of the company’s stock valued at $78,662,000 after acquiring an additional 185,360 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P MidCap Momentum ETF by 27.4% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 806,591 shares of the company’s stock worth $91,758,000 after acquiring an additional 173,649 shares in the last quarter. Finally, Gimbal Financial acquired a new stake in Invesco S&P MidCap Momentum ETF in the second quarter worth $15,711,000.

Invesco S&P MidCap Momentum ETF Trading Down 0.2%

Shares of NYSEARCA XMMO opened at $138.94 on Tuesday. The firm has a market capitalization of $4.86 billion, a P/E ratio of 22.06 and a beta of 1.05. The firm’s 50-day moving average price is $136.17 and its 200-day moving average price is $132.40. Invesco S&P MidCap Momentum ETF has a 1-year low of $97.50 and a 1-year high of $142.34.

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.