Nwam LLC Buys 3,467 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Nwam LLC grew its stake in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 8.6% in the first quarter, Holdings Channel reports. The institutional investor owned 43,626 shares of the company’s stock after purchasing an additional 3,467 shares during the period. Nwam LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $6,327,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. LPL Financial LLC grew its position in Invesco S&P MidCap Momentum ETF by 11.4% during the fourth quarter. LPL Financial LLC now owns 3,472,670 shares of the company’s stock worth $480,826,000 after buying an additional 355,614 shares in the last quarter. Advance Capital Management Inc. bought a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $27,363,000. HighTower Advisors LLC lifted its position in shares of Invesco S&P MidCap Momentum ETF by 353.6% in the 4th quarter. HighTower Advisors LLC now owns 251,672 shares of the company’s stock worth $34,847,000 after acquiring an additional 196,188 shares during the period. Great Valley Advisor Group Inc. grew its holdings in shares of 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 worth $55,284,000 after purchasing an additional 188,111 shares in the last quarter. Finally, OLD National Bancorp IN acquired a new stake in shares of Invesco S&P MidCap Momentum ETF during the 1st quarter worth approximately $26,365,000.

Invesco S&P MidCap Momentum ETF Trading Up 1.3%

XMMO opened at $160.78 on Wednesday. The stock has a market cap of $7.41 billion, a PE ratio of 22.06 and a beta of 1.08. Invesco S&P MidCap Momentum ETF has a 1 year low of $126.64 and a 1 year high of $173.94. The stock’s 50 day simple moving average is $166.43 and its 200-day simple moving average is $153.87.

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.