29,472 Shares in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Purchased by FreeGulliver LLC

FreeGulliver LLC acquired a new position in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) in the fourth quarter, Holdings Channel.com reports. The firm acquired 29,472 shares of the company’s stock, valued at approximately $3,641,000. Invesco S&P MidCap Momentum ETF accounts for approximately 1.7% of FreeGulliver LLC’s investment portfolio, making the stock its 14th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. American Trust boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 1.1% in the 3rd quarter. American Trust now owns 7,835 shares of the company’s stock worth $943,000 after purchasing an additional 84 shares in the last quarter. Meridian Financial LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 3.2% in the 4th quarter. Meridian Financial LLC now owns 3,250 shares of the company’s stock valued at $401,000 after acquiring an additional 100 shares during the last quarter. Advisory Alpha LLC lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 6.4% in the 4th quarter. Advisory Alpha LLC now owns 1,850 shares of the company’s stock valued at $229,000 after acquiring an additional 112 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 4.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,828 shares of the company’s stock valued at $349,000 after acquiring an additional 113 shares during the last quarter. Finally, First Command Advisory Services Inc. lifted its stake in shares of Invesco S&P MidCap Momentum ETF by 30.0% in the 4th quarter. First Command Advisory Services Inc. now owns 658 shares of the company’s stock valued at $81,000 after acquiring an additional 152 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Price Performance

XMMO opened at $114.21 on Wednesday. The business has a 50 day simple moving average of $124.64 and a two-hundred day simple moving average of $124.58. The firm has a market capitalization of $3.47 billion, a price-to-earnings ratio of 16.76 and a beta of 1.04. Invesco S&P MidCap Momentum ETF has a one year low of $105.77 and a one year high of $137.14.

Invesco S&P MidCap Momentum ETF 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.