Kestra Advisory Services LLC Buys 11,531 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Kestra Advisory Services LLC boosted its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 29.2% during the first quarter, HoldingsChannel reports. The firm owned 50,955 shares of the company’s stock after buying an additional 11,531 shares during the period. Kestra Advisory Services LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $7,390,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of XMMO. Optima Capital LLC purchased a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $26,000. Realta Investment Advisors bought a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter worth $28,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at $28,000. AlphaCore Capital LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at $34,000. Finally, Park Square Financial Group LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at $36,000.

Invesco S&P MidCap Momentum ETF Stock Performance

NYSEARCA XMMO opened at $160.78 on Wednesday. Invesco S&P MidCap Momentum ETF has a 52-week low of $126.64 and a 52-week high of $173.94. The company has a fifty day moving average of $166.43 and a 200-day moving average of $153.87. The company has a market capitalization of $7.41 billion, a P/E ratio of 22.06 and a beta of 1.08.

About Invesco S&P MidCap Momentum ETF

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.