Y Intercept Hong Kong Ltd purchased a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 6,408 shares of the company’s stock, valued at approximately $771,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC raised its holdings in shares of Invesco S&P MidCap Momentum ETF by 19.3% in the 3rd quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock worth $209,969,000 after buying an additional 282,112 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Invesco S&P MidCap Momentum ETF by 2.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 321,240 shares of the company’s stock worth $36,619,000 after acquiring an additional 7,717 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 12.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 294,088 shares of the company’s stock valued at $33,523,000 after acquiring an additional 32,271 shares during the period. Affinity Wealth Management LLC lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 1.5% during the third quarter. Affinity Wealth Management LLC now owns 253,773 shares of the company’s stock valued at $30,537,000 after acquiring an additional 3,810 shares during the period. Finally, Foundations Investment Advisors LLC boosted its stake in shares of Invesco S&P MidCap Momentum ETF by 34.7% in the 2nd quarter. Foundations Investment Advisors LLC now owns 215,906 shares of the company’s stock valued at $24,611,000 after purchasing an additional 55,650 shares in the last quarter.
Invesco S&P MidCap Momentum ETF Stock Down 0.5 %
Shares of Invesco S&P MidCap Momentum ETF stock opened at $130.73 on Friday. Invesco S&P MidCap Momentum ETF has a 12-month low of $87.00 and a 12-month high of $137.14. The stock has a market capitalization of $2.56 billion, a P/E ratio of 19.24 and a beta of 1.12. The company has a 50-day simple moving average of $127.89 and a 200 day simple moving average of $119.85.
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.
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