Sound Income Strategies LLC Buys 11,043 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Sound Income Strategies LLC increased its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 11.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,673 shares of the company’s stock after buying an additional 11,043 shares during the quarter. Sound Income Strategies LLC owned 0.22% of Invesco S&P MidCap Momentum ETF worth $15,279,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Total Clarity Wealth Management Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF during the first quarter valued at approximately $916,000. Monetary Solutions Ltd acquired a new position in Invesco S&P MidCap Momentum ETF during the 4th quarter worth $2,068,000. Envestnet Asset Management Inc. boosted its position in Invesco S&P MidCap Momentum ETF by 22.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,295,928 shares of the company’s stock valued at $220,489,000 after buying an additional 234,003 shares during the last quarter. RFG Advisory LLC increased its stake in shares of Invesco S&P MidCap Momentum ETF by 44.4% in the 1st quarter. RFG Advisory LLC now owns 42,702 shares of the company’s stock valued at $6,193,000 after buying an additional 13,123 shares during the period. Finally, Kovack Advisors Inc. increased its stake in shares of Invesco S&P MidCap Momentum ETF by 6.1% in the 4th quarter. Kovack Advisors Inc. now owns 62,045 shares of the company’s stock valued at $8,259,000 after buying an additional 3,589 shares during the period.

Invesco S&P MidCap Momentum ETF Trading Up 1.0%

Invesco S&P MidCap Momentum ETF stock traded up $1.41 during mid-day trading on Friday, hitting $148.79. The stock had a trading volume of 361,279 shares, compared to its average volume of 350,031. The stock has a 50-day simple moving average of $153.62 and a two-hundred day simple moving average of $158.34. The stock has a market capitalization of $7.11 billion, a PE ratio of 22.06 and a beta of 1.10. Invesco S&P MidCap Momentum ETF has a 12 month low of $129.31 and a 12 month high of $173.94.

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.