Koshinski Asset Management Inc. Has $6.77 Million Stake in Invesco S&P MidCap Momentum ETF $XMMO

Koshinski Asset Management Inc. boosted its holdings in shares of Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 10.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,882 shares of the company’s stock after buying an additional 4,786 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Invesco S&P MidCap Momentum ETF were worth $6,768,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XMMO. Vantagepoint Investment Advisers LLC acquired a new position in Invesco S&P MidCap Momentum ETF during the third quarter valued at approximately $161,994,000. Advance Capital Management Inc. acquired a new position in Invesco S&P MidCap Momentum ETF during the fourth quarter valued at approximately $27,363,000. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco S&P MidCap Momentum ETF by 20.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 851,097 shares of the company’s stock valued at $115,094,000 after purchasing an additional 143,657 shares during the last quarter. Jones Financial Companies Lllp grew its holdings 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 valued at $48,153,000 after purchasing an additional 96,163 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in Invesco S&P MidCap Momentum ETF by 26.4% during 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 last quarter.

Invesco S&P MidCap Momentum ETF Stock Down 2.5%

Shares of XMMO stock opened at $164.31 on Friday. Invesco S&P MidCap Momentum ETF has a 12 month low of $119.21 and a 12 month high of $170.16. The business’s 50 day moving average is $151.24 and its two-hundred day moving average is $143.88. The company has a market cap of $6.94 billion, a PE ratio of 22.06 and a beta of 1.09.

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.