Manchester Financial Inc. Grows Stock Holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO)

Manchester Financial Inc. raised its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 1,383.2% in the 4th quarter, HoldingsChannel reports. The fund owned 35,271 shares of the company’s stock after acquiring an additional 32,893 shares during the period. Invesco S&P MidCap Momentum ETF makes up 1.0% of Manchester Financial Inc.’s investment portfolio, making the stock its 20th largest position. Manchester Financial Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $4,357,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Howe & Rusling Inc. acquired a new stake in shares of Invesco S&P MidCap Momentum ETF in the third quarter worth approximately $30,000. NBC Securities Inc. raised its stake in Invesco S&P MidCap Momentum ETF by 83.7% during the third quarter. NBC Securities Inc. now owns 461 shares of the company’s stock worth $55,000 after purchasing an additional 210 shares during the period. Richardson Financial Services Inc. acquired a new position in shares of Invesco S&P MidCap Momentum ETF in the 4th quarter valued at $70,000. Investors Research Corp grew its stake 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 buying an additional 402 shares during the period. Finally, Realta Investment Advisors purchased a new stake in shares of Invesco S&P MidCap Momentum ETF during the 4th quarter valued at $138,000.

Invesco S&P MidCap Momentum ETF Trading Up 1.3 %

Shares of XMMO opened at $128.40 on Friday. Invesco S&P MidCap Momentum ETF has a twelve month low of $100.42 and a twelve month high of $137.14. The firm has a market capitalization of $2.51 billion, a P/E ratio of 19.24 and a beta of 1.12. The stock’s fifty day simple moving average is $128.29 and its 200 day simple moving average is $123.85.

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.