Signature Estate & Investment Advisors LLC Grows Position in Invesco S&P MidCap Momentum ETF $XMMO

Signature Estate & Investment Advisors LLC increased its position in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 21.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,895 shares of the company’s stock after acquiring an additional 5,667 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $4,313,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in XMMO. Vantagepoint Investment Advisers LLC acquired a new stake in Invesco S&P MidCap Momentum ETF during the third quarter worth about $161,994,000. Gimbal Financial purchased a new stake in Invesco S&P MidCap Momentum ETF during the 2nd quarter valued at about $15,711,000. Davidson Capital Management Inc. lifted its position in Invesco S&P MidCap Momentum ETF by 43.2% during the second quarter. Davidson Capital Management Inc. now owns 389,462 shares of the company’s stock worth $50,096,000 after buying an additional 117,506 shares in the last quarter. Jones Financial Companies Lllp raised its stake in Invesco S&P MidCap Momentum ETF by 36.8% during the third quarter. Jones Financial Companies Lllp now owns 357,700 shares of the company’s stock worth $48,153,000 after purchasing an additional 96,163 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in Invesco S&P MidCap Momentum ETF by 26.4% in the third quarter. Envestnet Asset Management Inc. now owns 372,585 shares of the company’s stock valued at $50,385,000 after purchasing an additional 77,853 shares during the period.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of XMMO stock opened at $146.65 on Friday. The firm has a market cap of $5.46 billion, a P/E ratio of 22.06 and a beta of 1.05. Invesco S&P MidCap Momentum ETF has a one year low of $97.50 and a one year high of $146.65. The firm’s 50 day moving average price is $140.77 and its 200-day moving average price is $136.17.

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.