JBR Co Financial Management Inc Buys 5,507 Shares of Invesco S&P MidCap Momentum ETF $XMMO

JBR Co Financial Management Inc raised its stake in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 53.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 15,904 shares of the company’s stock after buying an additional 5,507 shares during the quarter. Invesco S&P MidCap Momentum ETF accounts for 0.9% of JBR Co Financial Management Inc’s investment portfolio, making the stock its 29th biggest holding. JBR Co Financial Management Inc’s holdings in Invesco S&P MidCap Momentum ETF were worth $2,151,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. World Investment Advisors boosted its holdings in shares of Invesco S&P MidCap Momentum ETF by 1.7% in the 2nd quarter. World Investment Advisors now owns 4,627 shares of the company’s stock valued at $595,000 after buying an additional 79 shares in the last quarter. Comerica Bank raised its stake in Invesco S&P MidCap Momentum ETF by 1.3% in the first quarter. Comerica Bank now owns 6,602 shares of the company’s stock valued at $751,000 after buying an additional 85 shares during the last quarter. Good Life Advisors LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 4.7% in the second quarter. Good Life Advisors LLC now owns 2,324 shares of the company’s stock worth $299,000 after acquiring an additional 105 shares in the last quarter. Capital Analysts LLC boosted its holdings in Invesco S&P MidCap Momentum ETF by 17.4% in the first quarter. Capital Analysts LLC now owns 742 shares of the company’s stock worth $84,000 after acquiring an additional 110 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 24.5% during the second quarter. Hazlett Burt & Watson Inc. now owns 671 shares of the company’s stock worth $87,000 after acquiring an additional 132 shares during the last quarter.

Invesco S&P MidCap Momentum ETF Stock Up 1.6%

XMMO opened at $140.19 on Monday. The company has a market cap of $4.90 billion, a P/E ratio of 22.06 and a beta of 1.05. The firm’s 50-day moving average price is $136.41 and its 200-day moving average price is $132.78. Invesco S&P MidCap Momentum ETF has a 52-week low of $97.50 and a 52-week high of $142.34.

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.