MML Investors Services LLC Boosts Holdings in Invesco S&P MidCap Momentum ETF $XMMO

MML Investors Services LLC grew its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 12.9% during the 4th quarter, HoldingsChannel reports. The fund owned 383,350 shares of the company’s stock after acquiring an additional 43,799 shares during the quarter. MML Investors Services LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $53,079,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. LPL Financial LLC increased its position in Invesco S&P MidCap Momentum ETF by 11.4% during the 4th quarter. LPL Financial LLC now owns 3,472,670 shares of the company’s stock valued at $480,826,000 after purchasing an additional 355,614 shares during the period. Advance Capital Management Inc. purchased a new position in Invesco S&P MidCap Momentum ETF during the 4th quarter valued at $27,363,000. HighTower Advisors LLC increased its position in Invesco S&P MidCap Momentum ETF by 353.6% during the 4th quarter. HighTower Advisors LLC now owns 251,672 shares of the company’s stock valued at $34,847,000 after purchasing an additional 196,188 shares during the period. Great Valley Advisor Group Inc. increased its position in Invesco S&P MidCap Momentum ETF by 89.1% during the 4th quarter. Great Valley Advisor Group Inc. now owns 399,276 shares of the company’s stock valued at $55,284,000 after purchasing an additional 188,111 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P MidCap Momentum ETF by 20.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 851,097 shares of the company’s stock valued at $115,094,000 after purchasing an additional 143,657 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Up 1.0%

Shares of Invesco S&P MidCap Momentum ETF stock opened at $171.30 on Tuesday. The company’s fifty day simple moving average is $162.19 and its two-hundred day simple moving average is $149.83. The company has a market cap of $7.24 billion, a P/E ratio of 22.06 and a beta of 1.08. Invesco S&P MidCap Momentum ETF has a 12-month low of $123.58 and a 12-month high of $173.24.

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.