Meridian Wealth Management LLC Makes New $2.25 Million Investment in Invesco S&P MidCap Momentum ETF $XMMO

Posted by Lauren Steadman on Feb 2nd, 2026

Meridian Wealth Management LLC purchased a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 16,648 shares of the company’s stock, valued at approximately $2,251,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in XMMO. First Financial Corp IN bought a new stake in Invesco S&P MidCap Momentum ETF in the third quarter valued at $25,000. GoalVest Advisory LLC acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the 3rd quarter worth about $29,000. Golden State Wealth Management LLC bought a new stake in Invesco S&P MidCap Momentum ETF in the 2nd quarter valued at about $28,000. Briaud Financial Planning Inc acquired a new position in Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at about $29,000. Finally, Beacon Capital Management Inc. bought a new position in Invesco S&P MidCap Momentum ETF in the 2nd quarter worth about $50,000.

Invesco S&P MidCap Momentum ETF Price Performance

Shares of Invesco S&P MidCap Momentum ETF stock opened at $140.28 on Monday. Invesco S&P MidCap Momentum ETF has a 1-year low of $97.50 and a 1-year high of $144.88. The company has a market capitalization of $5.20 billion, a P/E ratio of 22.06 and a beta of 1.05. The business’s fifty day moving average price is $140.24 and its two-hundred day moving average price is $135.77.

About Invesco S&P MidCap Momentum ETF

(Free Report)

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.