Lion Street Advisors LLC lifted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report) by 130.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,843 shares of the company’s stock after acquiring an additional 2,179 shares during the period. Lion Street Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $475,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Jackson Wealth Management LLC purchased a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter worth $678,000. Win Advisors Inc. purchased a new position in shares of Invesco S&P MidCap Momentum ETF in the fourth quarter worth about $12,249,000. Stratos Wealth Partners LTD. lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 35.2% during the fourth quarter. Stratos Wealth Partners LTD. now owns 24,874 shares of the company’s stock worth $3,073,000 after purchasing an additional 6,476 shares during the period. Commonwealth Financial Services LLC boosted its position in Invesco S&P MidCap Momentum ETF by 61.6% in the fourth quarter. Commonwealth Financial Services LLC now owns 50,529 shares of the company’s stock valued at $6,242,000 after buying an additional 19,267 shares during the last quarter. Finally, WESPAC Advisors SoCal LLC acquired a new position in Invesco S&P MidCap Momentum ETF in the 4th quarter worth approximately $3,207,000.
Invesco S&P MidCap Momentum ETF Trading Up 0.5 %
Shares of NYSEARCA XMMO opened at $129.95 on Wednesday. The company has a 50 day simple moving average of $128.94 and a two-hundred day simple moving average of $123.37. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 12 month low of $95.80 and a 12 month high of $137.14.
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.
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Want to see what other hedge funds are holding XMMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO – Free Report).
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