Flagship Harbor Advisors LLC Buys New Position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Flagship Harbor Advisors LLC purchased a new position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 24,461 shares of the company’s stock, valued at approximately $3,022,000.

Other institutional investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc. acquired a new position in Invesco S&P MidCap Momentum ETF in the second quarter valued at $26,000. Howe & Rusling Inc. bought a new position in shares of Invesco S&P MidCap Momentum ETF in the 3rd quarter worth about $30,000. NBC Securities Inc. lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 83.7% in the 3rd quarter. NBC Securities Inc. now owns 461 shares of the company’s stock valued at $55,000 after purchasing an additional 210 shares during the period. Investors Research Corp boosted its position in shares of Invesco S&P MidCap Momentum ETF by 127.2% during the 3rd quarter. Investors Research Corp now owns 718 shares of the company’s stock valued at $86,000 after purchasing an additional 402 shares in the last quarter. Finally, Lion Street Advisors LLC acquired a new stake in Invesco S&P MidCap Momentum ETF during the third quarter worth approximately $200,000.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of XMMO opened at $132.36 on Friday. The firm has a market cap of $2.59 billion, a PE ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 52-week low of $92.19 and a 52-week high of $137.14. The business’s 50 day moving average price is $129.26 and its two-hundred day moving average price is $122.58.

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.