International Assets Investment Management LLC Sells 141 Shares of Invesco S&P MidCap Momentum ETF $XMMO

International Assets Investment Management LLC trimmed its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 4.1% in the second quarter, HoldingsChannel reports. The firm owned 3,276 shares of the company’s stock after selling 141 shares during the quarter. International Assets Investment Management LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $421,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in XMMO. Mainstay Capital Management LLC ADV boosted its position in Invesco S&P MidCap Momentum ETF by 102.3% during the second 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 during the period. Jones Financial Companies Lllp boosted its position in Invesco S&P MidCap Momentum ETF by 169.2% during the first quarter. Jones Financial Companies Lllp now owns 357,062 shares of the company’s stock worth $40,619,000 after purchasing an additional 224,424 shares during the period. Ameriprise Financial Inc. boosted its position in Invesco S&P MidCap Momentum ETF by 36.6% during the first quarter. Ameriprise Financial Inc. now owns 691,318 shares of the company’s stock worth $78,662,000 after purchasing an additional 185,360 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position 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 purchasing an additional 173,649 shares during the period. Finally, CW Advisors LLC bought a new position in Invesco S&P MidCap Momentum ETF during the first quarter worth $12,010,000.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO stock opened at $133.17 on Thursday. The company has a fifty day moving average price of $133.62 and a two-hundred day moving average price of $126.77. Invesco S&P MidCap Momentum ETF has a one year low of $97.50 and a one year high of $137.57. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of 22.06 and a beta of 1.01.

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.