18,536 Invesco S&P MidCap Momentum ETF $XMMO Shares Sold by Kellett Wealth Advisors LLC

Kellett Wealth Advisors LLC lowered its position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 47.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,176 shares of the company’s stock after selling 18,536 shares during the period. Invesco S&P MidCap Momentum ETF accounts for about 1.2% of Kellett Wealth Advisors LLC’s holdings, making the stock its 15th biggest position. Kellett Wealth Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $2,961,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in XMMO. Envestnet Asset Management Inc. raised its position in shares of Invesco S&P MidCap Momentum ETF by 22.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,295,928 shares of the company’s stock worth $220,489,000 after purchasing an additional 234,003 shares during the period. OLD National Bancorp IN acquired a new stake in Invesco S&P MidCap Momentum ETF in the 1st quarter valued at $26,365,000. Royal Bank of Canada grew its position in Invesco S&P MidCap Momentum ETF by 45.9% in the 1st quarter. Royal Bank of Canada now owns 372,930 shares of the company’s stock valued at $54,082,000 after purchasing an additional 117,316 shares during the period. Cetera Investment Advisers grew its position in Invesco S&P MidCap Momentum ETF by 9.2% in the 1st quarter. Cetera Investment Advisers now owns 1,367,490 shares of the company’s stock valued at $198,313,000 after purchasing an additional 115,655 shares during the period. Finally, Dala Group LLC bought a new stake in Invesco S&P MidCap Momentum ETF during the 1st quarter valued at $15,112,000.

Invesco S&P MidCap Momentum ETF Trading Down 2.4%

XMMO opened at $143.26 on Thursday. The company’s fifty day moving average price is $152.83 and its two-hundred day moving average price is $158.39. Invesco S&P MidCap Momentum ETF has a 1-year low of $129.31 and a 1-year high of $173.94. The company has a market cap of $6.88 billion, a price-to-earnings ratio of 22.06 and a beta of 1.10.

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.