Redhawk Wealth Advisors Inc. Sells 5,818 Shares of Invesco S&P MidCap Momentum ETF $XMMO

Redhawk Wealth Advisors Inc. lessened its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 48.4% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,207 shares of the company’s stock after selling 5,818 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $1,056,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Optima Capital LLC bought a new stake in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at $26,000. Wilmington Savings Fund Society FSB bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter worth about $28,000. AlphaCore Capital LLC bought a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter worth about $34,000. Park Square Financial Group LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at about $36,000. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at about $39,000.

Invesco S&P MidCap Momentum ETF Trading Up 0.6%

Shares of XMMO opened at $162.07 on Wednesday. The company has a market cap of $7.53 billion, a PE ratio of 22.06 and a beta of 1.09. The stock has a 50-day moving average price of $163.42 and a 200-day moving average price of $156.27. Invesco S&P MidCap Momentum ETF has a 12-month low of $128.83 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.